content_image/102179.jpg
## 4. Earnings Per Share 

for the year ended 30 September 2001 

GrainCorp Limited and Controlled Entities 

<img src='content_image/102179.jpg'>

Class B ordinary shares (cancelled in September 2001) have been excluded from the calculation on the basis that they cannot share in any dividend paid by the company. 

## 5. Acquisition of Controlled Entity 

On October GrainCorp acquired 100% of the shares in VGS for $89,475,129. VGS holds 75% of shares in Vicgrain which holds 100% of shares in Assets and Finance. The operating results of the newly controlled entities have been included in the consolidated statement of financial performance since the date of acquisition. 

