Basic earnings per share is calculated by dividing the net profit or loss on continuing operations by the weighted average number of ordinary shares in issue during the period.
EPS
3 Key Definitions for EPS in IAS 33
1. Ordinary Shares
An ordinary share is an equity instrument that is subordinate to all other classes of equity instrument.
Calculating the Weighted Average for EPS (IAS 33)
The calculation of basic EPS is a little bit trickier when new shares have been issued during the financial year.
2 Important EPS Disclosure Requirements for IAS 33
In this article we’re going to take a look at the disclosure requirements for IAS 33 Earnings per Share.