Financial statements N otes to the consolidated financial statements continued Adjusted basic net result per share 2021 2020 Weighted average number of shares in issue 551,752,618 493,290,974 Adjusted net result attributable to equity of owners of the Company (£000) 71,781 38,892 Adjusted basic net result per share (pence) 13.0 7.9 Adjusted operating EBITDA 100,987 62,178 27. Unrecognised items A. Capital commitments Capital commitments represents capital expenditure contracted for at the end of the reporting period but not yet incurred at the period end. At 31 December 2021, S4Capital Group has no capital commitments outstanding (2020: nil). 28. Events occurring after the reporting period A. Business combinations For all combinations announced in 2021 the purchase price allocation is preliminary. Assets acquired and liabilities assumed were recorded in 2021 at estimated fair values based on management’s estimates, available information, and supportable assumptions that management considered reasonable. The Company is in the process of finalising all purchase accounting adjustments related to its newly announced combinations. On 12 January 2022, S4Capital plc announced that 4 Mile Analytics, a California-based full-service data consultancy specializing in custom data experience powered by the Looker platform, combined with Media.Monks, for a total estimated consideration of £27.2 million for 100% of equity and voting rights in 4 Mile Analytics. The combination significantly expands Media.Monks’ capabilities of its Data&Digital Media practice. The combination augments its global analytics capabilities and expands its client base. 4 Mile Analytics is a leader in data analytics, data engineering, data governance, software engineering, UX design and project & product management. 160 S4Capital Annual Report and Accounts 2021