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EPS -IAS 33

  • 10-04-2012 1:58pm
    #1
    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!:)


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