EARNINGS PER SHARE (IAS 33)
1.1 This Standard prescribes the methodology for the determination and presentation of earnings per share to improve the interentity performance comparisons in the same period and intraperiod performance for the same entity.
2. SYNOPSIS OF THE STANDARD
This Standard aims at improving the performance comparisons between different entities and within the same entity and is summarized here.
2.1 This Standard is applicable to separate or consolidated financial statements of the issuer
- Whose ordinary shares or potential ordinary shares are traded in a public market; or
- That files, or is in the process of filing, its financial statements with a securities commission or other regulatory organization for the purpose of issuing ordinary shares in a public market.
2.2 If an entity publishes both separate and consolidated financial statements, earnings per share disclosures are required only for consolidated financial statements.
2.3 An entity should present both basic earnings per share and diluted earnings per share amounts for profit or loss attributable to ordinary equity holders of the parent entity and, if presented, the profit or loss from continuing operations that are attributable to those equity holders.
2.3.1 The basic earnings per share shall be calculated by dividing the profit or loss attributable to ordinary equity holders of the parent entity and, if presented, the profit or loss from continuing operations attributable ...