30 June 2014 Notes to the Financial Statements NOTE 45. RECONCILIATION OF PROFIT AFTER INCOME TAX TO NET CASH FROM  OPERATING ACTIVITIES Consolidated 30 June 2014 $’000 30 June 2013 $’000 Profit after income tax expense for the year 230,536  180,418  Adjustments for: Depreciation and amortisation 196,684  127,058  Impairment loss 18,193  -  Net (gain)/loss on disposal of property, plant and equipment (61,852) 106  Non cash gain on legal settlement (2,437) -  Exploration expenditure written off 3,833  -  Change in operating assets and liabilities: Decrease/(increase) in trade and other receivables 54,804  (53,075) Increase in inventories (35,350) (8,568) Decrease/(increase) in deferred tax assets (4,454) 374  Decrease in derivative assets -  1,020  Increase in other operating assets (9,117) (3,754) Increase in trade and other payables 125,148  40,721  Increase/(decrease) in derivative liabilities (387) 387  Increase in provision for income tax 56,642  1,650  Increase/(decrease) in deferred tax liabilities (11,053) 37,160  Increase in other provisions 5,366  6,138  Net cash from operating activities 566,556  329,635  NOTE 46. NON-CASH INVESTING AND FINANCING ACTIVITIES NOTE 47. EARNINGS PER SHARE Consolidated 30 June 2014 $’000 30 June 2013 $’000 Acquisition of plant and equipment by means of finance leases -  30,369  Consolidated 30 June 2014 $’000 30 June 2013 $’000 Profit after income tax 230,536  180,418  Non-controlling interest 551  877  Profit after income tax attributable to the owners of Mineral Resources Limited 231,087  181,295  Number Number Weighted average number of ordinary shares used in calculating basic earnings  per share 186,210,291  185,987,992  Adjustments for calculation of diluted earnings per share: Options over ordinary shares - 200,000  Weighted average number of ordinary shares used in calculating diluted earnings per share 186,210,291  186,187,992  Cents Basic earnings per share 124.10  97.48  Diluted earnings per share 124.10  97.37  Notes to the  Financial  Statements For personal use only 92 Mineral Resources Limited Annual Report 2014