4 Earnings per share

Year ended 31 December 2005
  Income
£
Shares
Number
Per share
Amount
Net income 41,880,000    
Basic EPS:      
Income available to common stockholders 41,880,000 1,369,335,202 3.1p
Effect of dilutive securities:      
Share options and awards   57,701,294  
Diluted EPS:      
Income available to common stockholders plus assumed conversion 41,880,000 1,427,036,496 2.9p
Year ended 31 December 2006
  Income
£
Shares
Number
Per share
Amount
Basic EPS:      
Net income before cumulative effect of change in accounting policy 47,610,000 1,366,816,499 3.5p
Cumulative effect of change in accounting policy (2,447,000)   (0.2p)
Net income after cumulative effect of change in accounting policy 45,163,000   3.3p

Effect of dilutive securities:
     
Share options and awards   37,934,830  
Diluted EPS:      
Net income before cumulative effect of change in accounting policy 47,610,000 1,404,751,329 3.4p
Cumulative effect of change in accounting policy (2,447,000)   (0.2p)
Net income after cumulative effect of change in accounting policy 45,163,000   3.2p
Year ended 31 December 2007
  Income
£
Shares
Number
Per share
Amount
Net income 36,842,000    
Basic EPS:      
Income available to common stockholders 36,842,000 1,321,860,197 2.8p
Effect of dilutive securities:      
Share options and awards   44,523,595  
Diluted EPS:      
Income available to common stockholders plus assumed conversion 36,842,000 1,366,383,792 2.7p