FAIRFAX MEDIA  LIMITED  2013  99 NOTEs TO THE FINANCIAL sTATEMENTs  23. REsERVEs (CONTINUED) (F) Acquisition reserve (G) General reserve 24. RETAINED PROFITs 25. EARNINGs PER sHARE FAIRFAx MEDIA LIMITED AND CONTROLLED ENTITIES FOR THE PERIOD ENDED 30 JUNE 2013 The acquisition reserve is used to record differences between the carrying value of non-controlling interests and the  consideration paid/received, where there has been a transaction involving non-controlling interests that does not result in a loss  of control. The reserve is attributable to the equity of the parent. The general reserve is used to record Stapled Preference Share (SPS) issue costs that have been transferred from contributed  equity. The SPS were repurchased on 29 April 2011. NOTE 30June 2013 $’000 24 JUNE 2012 $’000 Balance at beginning of the financial year  (2,805,566)  11,764  Net loss for the financial year  (16,432)  (2,732,397) Actuarial gain/(loss) on defined benefit plans, net of tax  1,651   (2,615) Dividends paid 7  (47,040)  (82,318) Balance at end of the financial year  (2,867,387)  (2,805,566) 30June 2013 ¢PeR SHARe 24 JUNE 2012 ¢ PER SHARE Basic earnings per share  Net loss attributable to owners of the parent  (0.7)  (116.2) Net loss from continuing operations  (13.3)  (118.4) diluted earnings per share  Net loss attributable to owners of the parent  (0.7)  (116.2) Net loss from continuing operations  (13.3)  (118.4) 30June 2013 $’000 24 JUNE 2012 $’000 earnings reconciliation – basic Net loss attributable to owners of the parent  (16,432)  (2,732,397) Net loss from continuing operations  (312,852)  (2,784,785) earnings reconciliation – diluted Net loss attributable to owners of the parent  (16,432)  (2,732,397) Net loss from continuing operations  (312,852)  (2,784,785) 30June 2013 nuMBeR ’000 24 JUNE 2012 NUMBER  $’000 Weighted average number of ordinary shares used in calculating basic ePS   2,351,956   2,351,956  Weighted average number of ordinary shares used in calculating diluted ePS  2,351,956   2,351,956