Reconciliation of earnings to headline earnings

	2020  Rm		2019  Rm		%  change
Earnings	306		1 868		(84)
Profit on disposal of assets	(42)		(28)		50
Impairment of goodwill and other assets	402		142		>100
Profit on sale of businesses and other	(35)		(3)		>100
Adjustments included in results of associates and joint ventures	2		–		>100
Tax and non-controlling interests	(83)		(2)		>100
Headline earnings	550		1 977		(72)
Weighted average number of ordinary shares	186		196		(5)
Earnings and headline earnings per share
Basic EPS (cents)	165		953		(83)
Basic HEPS (cents)	296		1 009		(71)

The Group repurchased and cancelled 4 723 000 shares during the year which resulted in lower shares in issue. This reduction was partially offset by the conversion of 831 469 deferred ordinary shares into ordinary shares related to the B-BBEE scheme. The net movement positively impacted both EPS and HEPS.