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Earnings per share is calculated as follows:

2022
£000
2021
£000
Earnings for the purposes of basic earnings per share being net profit attributable to equity holders of the parent Company15,60117,304
Earnings for the purposes of underlying basic earnings per share being underlying net profit attributable to equity holders of the parent Company22,30319,757
NumberNumber
Number of shares
Weighted average number of ordinary shares for the purposes of basic earnings per share308,834,123307,337,645
Effect of dilutive potential ordinary shares1,335,323112
Weighted average number of ordinary shares for the purposes of diluted earnings per share310,169,446307,337,757
Basic earnings per share5.05p5.63p
Underlying basic earnings per share7.22p6.43p
Diluted earnings per share5.03p5.63p
Underlying diluted earnings per share7.19p6.43p
Reconciliation of earnings2022
£000
2021
£000
Net profit attributable to equity holders of the parent Company15,60117,304
Non-underlying items6,7022,453
Underlying net profit attributable to equity holders of the parent Company22,30319,757

Further details of non-underlying items are provided in note 5.