Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

EPS -IAS 33

  • 10-04-2012 1:58pm
    #1
    debit2credit
    Closed Accounts Posts: 192 ✭✭


    Hey,

    I'd really appreciate ye're help on two questions I have on calculating the number of shares that go into EPS figure.

    First, when a company has non-paid up shares, I think you apportion the shares into their paid up and non-paid up amounts and the paid-up shares go into the Basic EPS figure. What happens to the non-paid up amount? Does it go into the Diluted EPS figure or is it ignored?

    Second, say a company issues 10% cumulative preference shares (par 100) at a premium of 120. But that to compensate for this, the company gives higher preference dividend in years 4 & 5 of 20%. How do you go about recording this?

    If it was issued at a discount with no divs for 3 years, I think you would record the preference shares at the discounted amount and accrue for "effective" dividend for the next 3 years (dr. dividend cr. pref-shares) until you had reached the par value in year 3.

    Thanks a mil for your help!:)


Advertisement