International GAAP 2021

Chapter 37Earnings per share

• 1 INTRODUCTION
  • 1.1 Definitions
• 2 OBJECTIVFE AND SCOPE OF IAS 33
  • 2.1 Objective
  • 2.2 Scope
• 3 THE BASIC EPS
  • 3.1 Earnings
  • 3.2 Number of shares
• 4 CHANGES IN OUTSTANDING ORDINARY SHARES
  • 4.1 Weighted average number of shares
  • 4.2 Purchase and redemption of own shares
  • 4.3 Changes in ordinary shares without corresponding changes in resources
    • 4.3.1 Capitalisation, bonus issue, share split and share consolidation
      • 4.3.1.A Capitalisation, bonus issues and share splits
      • 4.3.1.B Stock dividends
      • 4.3.1.C Share consolidations
    • 4.3.2 Share consolidation with a special dividend
    • 4.3.3 Rights issue
    • 4.3.4 B share schemes
    • 4.3.5 Put warrants priced above market value
  • 4.4 Options exercised during the year
  • 4.5 Post balance sheet changes in capital
  • 4.6 Issue to acquire another business
    • 4.6.1 Acquisitions
    • 4.6.2 Reverse acquisitions
    • 4.6.3 Establishment of a new parent undertaking
  • 4.7 Adjustments to EPS in historical summaries
• 5 MATTERS AFFECTING THE NUMERATOR
  • 5.1 Earnings
  • 5.2 Preference dividends
  • 5.3 Retrospective adjustments
  • 5.4 Participating equity instruments and two class shares
    • 5.4.1 Tax deductible dividends on participating equity instruments
  • 5.5 Other bases
    • 5.5.1 Possible future changes
• 6 DILUTED EARNINGS PER SHARE
  • 6.1 The need for diluted EPS
  • 6.2 Calculation of diluted EPS
    • 6.2.1 Diluted earnings
    • 6.2.2 Diluted number of shares
  • 6.3 Dilutive potential ordinary shares
    • 6.3.1 Dilution judged by effect on profits from continuing operations