3Convertible preference shares

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3 Convertible preference shares <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td colspan="8" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Calculation of diluted earnings per share</td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:112.05pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Profit from continuing operations attributable to ordinary equity holders of the parent entity (control number)</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Ordinary shares</td><td colspan="2" style="width:48.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Per share</td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr></thead><tbody><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">As reported</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">10,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5.00</td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Options</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">–</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">20,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">10,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2,020,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">4.95</td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Dilutive</td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5% convertible bonds</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">13,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">4,020,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3.23</td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Dilutive</td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Convertible preference shares</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,400,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,600,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt"></td></tr><tr><td style="width:112.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">19,400,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:66.55pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,620,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3.45</td><td style="width:52.9pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Antidilutive</td></tr></tbody></table> ``` Because diluted earnings per share is increased when taking the convertible preference shares into account (from CU3.23 to CU3.45), the convertible preference shares are antidilutive and are ignored in the calculation of diluted earnings per share. Therefore, diluted earnings per share for profit from continuing operations is CU3.23: <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td style="width:313.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Basic EPS</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Diluted EPS</td></tr><tr><td style="width:313.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt">CU</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt">CU</td></tr></thead><tbody><tr><td style="width:313.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5.00</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3.23</td></tr><tr><td style="width:313.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations attributable to ordinary equity holders of the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(2.00)(a)</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(0.99)(b)</td></tr><tr><td style="width:313.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3.00(c)</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2.24(d)</td></tr><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) (CU4,000,000) ÷ 2,000,000 = (CU2.00) (b) (CU4,000,000) ÷ 4,020,000 = (CU0.99) (c) CU6,000,000 ÷ 2,000,000 = CU3.00 (d) (CU6,000,000 + CU3,000,000) ÷ 4,020,000 = CU2.24</td></tr></tbody></table> ``` Example 10 Instruments of a subsidiary: calculation of basic and diluted earnings per share[\[4\]](#_ftn4) Reference: AASB 133, paragraphs 40, A11 and A12 <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td colspan="2" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Parent:</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Profit attributable to ordinary equity holders of the parent entity</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU12,000 (excluding any earnings of, or dividends paid by, the subsidiary)</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Ordinary shares outstanding</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">10,000</td></tr><tr><td rowspan="3" style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Instruments of subsidiary owned by the parent</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">800 ordinary shares</td></tr><tr><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">30 warrants exercisable to purchase ordinary shares of subsidiary</td></tr><tr><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">300 convertible preference shares</td></tr><tr><td colspan="2" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Subsidiary:</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Profit</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU5,400</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Ordinary shares outstanding</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,000</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Warrants</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">150, exercisable to purchase ordinary shares of the subsidiary</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Exercise price</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU10</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Average market price of one ordinary share</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU20</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Convertible preference shares</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">400, each convertible into one ordinary share</td></tr><tr><td style="width:222.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dividends on preference shares</td><td style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1 per share</td></tr><tr><td colspan="2" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">No inter-company eliminations or adjustments were necessary except for dividends.</td></tr><tr><td colspan="2" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">For the purposes of this illustration, income taxes have been ignored.</td></tr></tbody></table> ``` <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Subsidiary’s earnings per share</td></tr></thead><tbody><tr><td rowspan="2" style="width:108.35pt; padding-right:5.4pt; padding-left:5.4pt">Basic EPS</td><td rowspan="2" style="width:148.45pt; padding-right:5.4pt; padding-left:5.4pt">CU5.00 calculated:</td><td style="width:171.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU5,400(a) – CU400(b)</td></tr><tr><td style="width:171.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,000(c)</td></tr><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td rowspan="2" style="width:108.35pt; padding-right:5.4pt; padding-left:5.4pt">Diluted EPS</td><td rowspan="2" style="width:148.45pt; padding-right:5.4pt; padding-left:5.4pt">CU3.66 calculated:</td><td style="width:171.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU5,400(d)</td></tr><tr><td style="width:171.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(1,000 + 75(e) + 400(f))</td></tr><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) Subsidiary's profit attributable to ordinary equity holders.(b) Dividends paid by subsidiary on convertible preference shares.(c) Subsidiary's ordinary shares outstanding.(d) Subsidiary's profit attributable to ordinary equity holders (CU5,000) increased by CU400 preference dividends for the purpose of calculating diluted earnings per share.(e) Incremental shares from warrants, calculated: [(CU20 – CU10) ÷ CU20] × 150.(f) Subsidiary's ordinary shares assumed outstanding from conversion of convertible preference shares, calculated: 400 convertible preference shares × conversion factor of 1.</td></tr></tbody></table> ``` <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Consolidated earnings per share</td></tr></thead><tbody><tr><td rowspan="2" style="width:53.75pt; padding-right:5.4pt; padding-left:5.4pt">Basic EPS</td><td rowspan="2" style="width:102.95pt; padding-right:5.4pt; padding-left:5.4pt">CU1.63 calculated:</td><td style="width:271.3pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU12,000(a) + CU4,300(b)</td></tr><tr><td style="width:271.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">10,000(c)</td></tr><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td rowspan="2" style="width:53.75pt; padding-right:5.4pt; padding-left:5.4pt">Diluted EPS</td><td rowspan="2" style="width:102.95pt; padding-right:5.4pt; padding-left:5.4pt">CU1.61 calculated:</td><td style="width:271.3pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU12,000 + CU2,928(d) + CU55(e) + CU1,098(f)</td></tr><tr><td style="width:271.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">10,000</td></tr><tr><td colspan="3" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) Parent's profit attributable to ordinary equity holders of the parent entity(b) Portion of subsidiary’s profit to be included in consolidated basic earnings per share, calculated: (800 × CU5.00) + (300 × CU1.00).(c) Parent’s ordinary shares outstanding.(d) Parent’s proportionate interest in subsidiary’s earnings attributable to ordinary shares, calculated: (800 ÷ 1,000) × (1,000 shares × CU3.66 per share).(e) Parent’s proportionate interest in subsidiary’s earnings attributable to warrants, calculated: (30 ÷ 150) × (75 incremental shares × CU3.66 per share).(f) Parent’s proportionate interest in subsidiary’s earnings attributable to convertible preference shares, calculated: (300 ÷ 400) × (400 shares from conversion × CU3.66 per share).</td></tr></tbody></table> ``` Example 11 Participating equity instruments and two-class ordinary shares[\[5\]](#_ftn5) Reference: AASB 133, paragraphs A13 and A14 <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to equity holders of the parent entity</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU100,000</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Ordinary shares outstanding</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">10,000</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Non-convertible preference shares</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,000</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Non-cumulative annual dividend on preference shares (before any dividend is paid on ordinary shares)</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU5.50 per share</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">After ordinary shares have been paid a dividend of CU2.10 per share, the preference shares participate in any additional dividends on a 20:80 ratio with ordinary shares (ie after preference and ordinary shares have been paid dividends of CU5.50 and CU2.10 per share, respectively, preference shares participate in any additional dividends at a rate of one-fourth of the amount paid to ordinary shares on a per-share basis).</td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dividends on preference shares paid</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">CU33,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU5.50 per share)</td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dividends on ordinary shares paid</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">CU21,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU2.10 per share)</td></tr><tr><td colspan="6" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic earnings per share is calculated as follows:</td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to equity holders of the parent entity</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">100,000</td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Less dividends paid:</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> Preference</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">33,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> Ordinary</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">21,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(54,000)</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Undistributed earnings</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">46,000</td></tr><tr><td colspan="6" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Allocation of undistributed earnings:</td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Allocation per ordinary share = A</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Allocation per preference share = B; B = 1/4 A</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="5" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(A × 10,000) + (1/4 × A × 6,000) = CU46,000</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="5" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">A = CU46,000 ÷ (10,000 + 1,500)</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="5" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">A = CU4.00</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="5" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">B = 1/4 A</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="5" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">B = CU1.00</td></tr></tbody></table> ``` <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td colspan="4" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic per share amounts:</td></tr><tr><td colspan="2" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Preference shares</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Ordinary shares</td></tr><tr><td style="width:290.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Distributed earnings</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU5.50</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU2.10</td></tr><tr><td style="width:290.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Undistributed earnings</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.00</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU4.00</td></tr><tr><td style="width:290.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Totals</td><td style="width:57.45pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU6.50</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU6.10</td></tr></tbody></table> ``` Example 12 Calculation and presentation of basic and diluted earnings per share (comprehensive example)[\[6\]](#_ftn6) This example illustrates the quarterly and annual calculations of basic and diluted earnings per share in the year 20X1 for Company A, which has a complex capital structure. The control number is profit or loss from continuing operations attributable to the parent entity. Other facts assumed are as follows: Average market price of ordinary shares: The average market prices of ordinary shares for the calendar year 20X1 were as follows: | | First quarter | CU49 | | --- | -------------- | ---- | | | Second quarter | CU60 | | | Third quarter | CU67 | | | Fourth quarter | CU67 | The average market price of ordinary shares from 1 July to 1 September 20X1 was CU65. Ordinary shares: The number of ordinary shares outstanding at the beginning of 20X1 was 5,000,000. On 1 March 20X1, 200,000 ordinary shares were issued for cash. Convertible bonds: In the last quarter of 20X0, 5 per cent convertible bonds with a principal amount of CU12,000,000 due in 20 years were sold for cash at CU1,000 (par). Interest is payable twice a year, on 1 November and 1 May. Each CU1,000 bond is convertible into 40 ordinary shares. No bonds were converted in 20X0. The entire issue was converted on 1 April 20X1 because the issue was called by Company A. Convertible preference shares: In the second quarter of 20X0, 800,000 convertible preference shares were issued for assets in a purchase transaction. The quarterly dividend on each convertible preference share is CU0.05, payable at the end of the quarter for shares outstanding at that date. Each share is convertible into one ordinary share. Holders of 600,000 convertible preference shares converted their preference shares into ordinary shares on 1 June 20X1. Warrants: Warrants to buy 600,000 ordinary shares at CU55 per share for a period of five years were issued on 1 January 20X1. All outstanding warrants were exercised on 1 September 20X1. Options: Options to buy 1,500,000 ordinary shares at CU75 per share for a period of 10 years were issued on 1 July 20X1. No options were exercised during 20X1 because the exercise price of the options exceeded the market price of the ordinary shares. Tax rate: The tax rate was 40 per cent for 20X1. <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">20X1</td><td colspan="2" style="width:93.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Profit (loss) from continuing operations attributable to the parent entity(a)</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="width:93.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Profit (loss) attributable to the parent entity</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">CU</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">CU</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr></thead><tbody><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">First quarter</td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Second quarter</td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,500,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,500,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Third quarter</td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1,000,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">(1,000,000)(b)</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td></tr><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Fourth quarter</td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(700,000)</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(700,000)</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:213pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Full year</td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">11,800,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:25.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">9,800,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="7" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="7" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) This is the control number (before adjusting for preference dividends).(b) Company A had a CU2,000,000 loss (net of tax) from discontinued operations in the third quarter.</td></tr></tbody></table> ``` <table cellspacing="0" cellpadding="0" style="width:463.1pt; border-collapse:collapse"><tbody><tr><td colspan="8" style="width:440.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">First Quarter 20X1</td><td colspan="2" style="width:1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS calculation</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to the parent entity</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,000,000</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Less: preference share dividends</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(40,000)(a)</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">4,960,000</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:125.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dates</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Shares outstanding</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Fraction of period</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 January–28 February</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,000,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2/3</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3,333,333</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Issue of ordinary shares on 1 March</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 March–31 March</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">200,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1/3</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,733,333</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,200,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,066,666</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Basic EPS</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU0.98</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr style="height:5.65pt"><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-top:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS calculation</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU4,960,000</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: profit impact of assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Preference share dividends</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU40,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a)</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Interest on 5% convertible bonds</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU90,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(b)</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Effect of assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU130,000</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity including assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU5,090,000</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Weighted-average shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,066,666</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="5" style="width:313.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: incremental shares from assumed conversions</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Warrants</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">0</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(c)</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Convertible preference shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">800,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5% convertible bonds</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">480,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Dilutive potential ordinary shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,280,000</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Adjusted weighted-average shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,346,666</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU0.80</td><td colspan="2" style="width:1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="9" style="width:450.25pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) 800,000 shares × CU0.05(b) (CU12,000,000 × 5%) ÷ 4; less taxes at 40%(c) The warrants were not assumed to be exercised because they were antidilutive in the period (CU55 [exercise price] > CU49 [average price]).</td><td style="vertical-align:top"></td></tr><tr style="height:0pt"><td style="width:28.15pt"></td><td style="width:136.5pt"></td><td style="width:68.25pt"></td><td style="width:22.75pt"></td><td style="width:68.25pt"></td><td style="width:22.75pt"></td><td style="width:22.75pt"></td><td style="width:81.9pt"></td><td style="width:9.75pt"></td><td style="width:2.05pt"></td></tr></tbody></table> ``` <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td colspan="8" style="width:440.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Second Quarter 20X1</td><td colspan="2" style="border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:349.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS calculation</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:349.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to the parent entity</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,500,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:349.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Less: preference share dividends</td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(10,000)(a)</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:349.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity</td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,490,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:139.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:167.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dates</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Shares outstanding</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Fraction of period</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td></tr><tr><td colspan="2" style="width:167.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 April</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,200,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:167.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Conversion of 5% bonds on 1 April</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">480,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:167.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 April–31 May</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">5,680,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2/3</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3,786,666</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:167.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Conversion of preference shares 1 June</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">600,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:167.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 June–30 June</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,280,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1/3</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2,093,333</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:349.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Weighted-average shares</td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,880,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="6" style="width:349.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS</td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.10</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS calculation</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU6,490,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: profit impact of assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:230.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Preference share dividends</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">CU10,000(a)</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Effect of assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU10,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity including assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU6,500,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="8" style="width:440.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Weighted-average shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,880,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: incremental shares from assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:230.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Warrants</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">50,000(b)</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:230.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Convertible preference shares</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">600,000(c)</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Dilutive potential ordinary shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">650,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Adjusted weighted-average shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,530,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:258.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.00</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="9" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) 200,000 shares × CU0.05(b) CU55 × 600,000 = CU33,000,000; CU33,000,000 ÷ CU60 = 550,000; 600,000 – 550,000 = 50,000 shares OR [(CU60 – CU55) ÷ CU60] × 600,000 shares = 50,000 shares(c) (800,000 shares × 2/3) + (200,000 shares × 1/3)</td><td style="vertical-align:top"></td></tr><tr style="height:0pt"><td style="width:28.15pt"></td><td style="width:150.15pt"></td><td style="width:68.25pt"></td><td style="width:22.75pt"></td><td style="width:68.25pt"></td><td style="width:22.75pt"></td><td style="width:22.75pt"></td><td style="width:68.25pt"></td><td style="width:9.75pt"></td><td style="width:2.05pt"></td></tr></tbody></table> ``` <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td colspan="9" style="width:449.6pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Third Quarter 20X1</td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS calculation</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to the parent entity</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,000,000</td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Less: preference share dividends</td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(10,000)</td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity</td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">990,000</td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations attributable to the parent entity</td><td colspan="2" style="width:80.2pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(2,000,000)</td></tr><tr><td colspan="7" style="width:358.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss attributable to ordinary equity holders of the parent entity</td><td colspan="2" style="width:80.2pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(1,010,000)</td></tr><tr><td colspan="9" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="2" style="width:176.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dates</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Shares outstanding</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Fraction of period</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td></tr><tr><td colspan="2" style="width:176.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 July–31 August</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,280,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2/3</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">4,186,666</td></tr><tr><td colspan="2" style="width:176.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Exercise of warrants on 1 September</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">600,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="2" style="width:176.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 September–30 September</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,880,000</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1/3</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2,293,333</td></tr><tr><td colspan="3" style="width:244.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Weighted-average shares</td><td style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,480,000</td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU0.15</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.31)</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.16)</td></tr><tr><td colspan="9" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS calculation</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU990,000</td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: profit impact of assumed conversions</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Preference share dividends</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU10,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Effect of assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU10,000</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity including assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1,000,000</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations attributable to the parent entity</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU2,000,000)</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss attributable to ordinary equity holders of the parent entity including assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU1,000,000)</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Weighted-average shares</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,480,000</td></tr><tr><td colspan="4" style="width:267.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: incremental shares from assumed conversions</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Warrants</td><td style="width:57.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">61,538(a)</td><td colspan="2" style="width:11.95pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:17.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:239.45pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Convertible preference shares</td><td style="width:57.45pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">200,000</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Dilutive potential ordinary shares</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">261,538</td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Adjusted weighted-average shares</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,741,538</td></tr><tr><td colspan="9" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU0.15</td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.30)</td></tr><tr><td colspan="5" style="width:335.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:78.5pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.15)</td></tr><tr><td colspan="9" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) [(CU65 − CU55) ÷ CU65] × 600,000 = 92,308 shares; 92,308 × 2/3 = 61,538 shares</td></tr><tr style="height:0pt"><td style="width:28.15pt"></td><td style="width:159.25pt"></td><td style="width:68.25pt"></td><td style="width:22.75pt"></td><td style="width:68.25pt"></td><td style="width:13.65pt"></td><td style="width:9.75pt"></td><td style="width:2.05pt"></td><td style="width:89.3pt"></td></tr></tbody></table> ``` Note: The incremental shares from assumed conversions are included in calculating the diluted per-share amounts for the loss from discontinued operations and loss even though they are antidilutive. This is because the control number (profit from continuing operations attributable to ordinary equity holders of the parent entity, adjusted for preference dividends) was positive (ie profit, rather than loss). <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td colspan="5" style="width:449.6pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Fourth Quarter 20X1</td></tr><tr><td colspan="2" style="width:290.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS calculation</td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td></tr><tr><td colspan="3" style="width:363.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from continuing operations attributable to the parent entity</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(700,000)</td></tr><tr><td colspan="3" style="width:363.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Add: preference share dividends</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(10,000)</td></tr><tr><td colspan="3" style="width:363.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss attributable to ordinary equity holders of the parent entity</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(710,000)</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dates</td><td style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Shares outstanding</td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Fraction of period</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 October–31 December</td><td style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,880,000</td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3/3</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,880,000</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td><td style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,880,000</td></tr><tr><td style="width:199.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:80.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td></tr><tr><td colspan="3" style="width:363.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic and diluted EPS</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="3" style="width:363.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss attributable to ordinary equity holders of the parent entity</td><td style="width:2.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:62pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.10)</td></tr></tbody></table> ``` Note: The incremental shares from assumed conversions are not included in calculating the diluted per-share amounts because the control number (loss from continuing operations attributable to ordinary equity holders of the parent entity adjusted for preference dividends) was negative (ie a loss, rather than profit). <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr><td colspan="9" style="width:422.3pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Full Year 20X1</td></tr><tr><td colspan="8" style="width:340.4pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS calculation</td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td></tr><tr><td colspan="8" style="width:340.4pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to the parent entity</td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">11,800,000</td></tr><tr><td colspan="8" style="width:340.4pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Less: preference share dividends</td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(70,000)</td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">11,730,000</td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations attributable to the parent entity</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(2,000,000)</td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">9,730,000</td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:130.25pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Dates</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Shares outstanding</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Fraction of period</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="width:83.05pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 January–28 February</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,000,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2/12</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">833,333</td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Issue of ordinary shares on 1 March</td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">200,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 March–31 March</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,200,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1/12</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">433,333</td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Conversion of 5% bonds on 1 April</td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">480,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 April–31 May</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5,680,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2/12</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">946,667</td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Conversion of preference shares on 1 June</td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">600,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 June–31 August</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,280,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">3/12</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1,570,000</td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Exercise of warrants on 1 September</td><td style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">600,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">1 September–31 December</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,880,000</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">4/12</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">2,293,333</td></tr><tr><td colspan="2" style="width:153.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Weighted-average shares</td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,076,667</td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Basic EPS</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="3" style="width:231.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.93</td></tr><tr><td colspan="3" style="width:231.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.33)</td></tr><tr><td colspan="3" style="width:231.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit</td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.60</td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:130.25pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS calculation</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU11,730,000</td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: profit impact of assumed conversions</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Preference share dividends</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU70,000</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"> </td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Interest on 5% convertible bonds</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">CU90,000(a)</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Effect of assumed conversions</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU160,000</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations attributable to ordinary equity holders of the parent entity including assumed conversions</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU11,890,000</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations attributable to the parent entity</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU2,000,000)</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit attributable to ordinary equity holders of the parent entity including assumed conversions</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU9,890,000</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Weighted-average shares</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,076,667</td></tr><tr><td colspan="6" style="width:317.65pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Plus: incremental shares from assumed conversions</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Warrants</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">14,880(b)</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Convertible preference shares</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">450,000(c)</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="3" style="width:216.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">5% convertible bonds</td><td colspan="2" style="width:66.55pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">120,000(d)</td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Dilutive potential ordinary shares</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">584,880</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Adjusted weighted-average shares</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">6,661,547</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted EPS</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:middle"></td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.78</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(CU0.30)</td></tr><tr><td colspan="4" style="width:240.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit</td><td colspan="2" style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU1.48</td></tr><tr><td style="width:12.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:130.25pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"></td><td style="width:66.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:64.85pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:1.15pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:71.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td colspan="9" style="width:422.3pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(a) (CU12,000,000 × 5%) ÷ 4; less taxes at 40%.(b) [(CU57.125* – CU55) ÷ CU57.125] × 600,000 = 22,320 shares; 22,320 × 8/12 = 14,880 shares*. The average market price from 1 January 20X1 to 1 September 20X1.(c) (800,000 shares × 5/12) + (200,000 shares × 7/12).(d) 480,000 shares × 3/12.</td></tr><tr style="height:0pt"><td style="width:23.6pt"></td><td style="width:141.05pt"></td><td style="width:77.35pt"></td><td style="width:9.75pt"></td><td style="width:2.05pt"></td><td style="width:75.65pt"></td><td style="width:11.8pt"></td><td style="width:11.95pt"></td><td style="width:81.9pt"></td></tr></tbody></table> ``` The following illustrates how Company A might present its earnings per share data in its statement of comprehensive income. Note that the amounts per share for the loss from discontinued operations are not required to be presented in the statement of comprehensive income. <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td colspan="2" style="width:449.6pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">For the year ended 20X1</td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">CU</td></tr></thead><tbody><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Earnings per ordinary share</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1.93</td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations</td><td style="width:34.7pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(0.33)</td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit</td><td style="width:34.7pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1.60</td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Diluted earnings per ordinary share</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom"></td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit from continuing operations</td><td style="width:34.7pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1.78</td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Loss from discontinued operations</td><td style="width:34.7pt; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">(0.30)</td></tr><tr><td style="width:404.1pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">Profit</td><td style="width:34.7pt; border-bottom:1.5pt double #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:bottom">1.48</td></tr></tbody></table> ``` The following table includes the quarterly and annual earnings per share data for Company A. The purpose of this table is to illustrate that the sum of the four quarters’ earnings per share data will not necessarily equal the annual earnings per share data. The Standard does not require disclosure of this information. | | First quarter | | Second quarter | | Third quarter | | Fourth quarter | | Full year | | ---------------------------------------- | ------------- | --- | -------------- | --- | ------------- | --- | -------------- | --- | --------- | | | CU | | CU | | CU | | CU | | CU | | Basic EPS | | | | | | | | | | | Profit (loss) from continuing operations | 0.98 | | 1.10 | | 0.15 | | (0.10) | | 1.93 | | Loss from discontinued operations | – | | – | | (0.31) | | – | | (0.33) | | Profit (loss) | 0.98 | | 1.10 | | (0.16) | | (0.10) | | 1.60 | | | | | | | | | | | | | Diluted EPS | | | | | | | | | | | Profit (loss) from continuing operations | 0.80 | | 1.00 | | 0.15 | | (0.10) | | 1.78 | | Loss from discontinued operations | – | | – | | (0.30) | | – | | (0.30) | | Profit (loss) | 0.80 | | 1.00 | | (0.15) | | (0.10) | | 1.48 | Compilation details Accounting Standard AASB 133 Earnings per Share (as amended) > Note: Compilation details are not part of AASB 133. This compiled Standard applies to annual periods beginning on or after 1 July 2021. It takes into account amendments up to and including 6 March 2020 and was prepared on 8 June 2021 by the staff of the Australian Accounting Standards Board (AASB). This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 133 (August 2015) as amended by other Accounting Standards, which are listed in the table below. Table of Standards | Standard | Date made | FRL identifier | Commence-ment date | Effective date(annual periods… on or after …) | Application, saving or transitional provisions | | ----------- | ----------- | -------------- | ------------------ | --------------------------------------------- | ---------------------------------------------- | | AASB 133 | 7 Aug 2015 | F2015L01616 | 31 Dec 2017 | (beginning) 1 Jan 2018 | see (a) below | | AASB 2015-9 | 11 Nov 2015 | F2015L01832 | 31 Dec 2015 | (beginning) 1 Jan 2018 | see (b) below | | AASB 2019-1 | 21 May 2019 | F2019L00966 | 31 Dec 2019 | (beginning) 1 Jan 2020 | see (c) below | | AASB 1060 | 6 Mar 2020 | F2020L00288 | 30 Jun 2021 | (beginning) 1 Jul 2021 | see (d) below | (a) Entities may elect to apply this Standard to annual periods beginning after 24 July 2014 but before 1 January 2018. (b) This Standard applies to annual periods beginning on or after 1 January 2016 and may be applied to annual periods beginning before 1 January 2016. The amendments to AASB 133 (August 2015) apply to annual periods beginning on or after 1 January 2018. (c) Entities may elect to apply this Standard to annual periods beginning before 1 January 2020. (d) Entities may elect to apply this Standard to annual periods beginning before 1 July 2021. Table of amendments | Paragraph affected | How affected | By … [paragraph/page] | | ------------------ | ------------ | ---------------------------- | | AusCF1 | added | AASB 2019-1 [page 21] | | 2 | added | AASB 2015-9 [10] | | Aus76.1 | repealed | Legislation Act 2003, s. 48D | | Appendix C | replaced | AASB 1060 [page 64] | Deleted IAS 33 text > Note: Deleted IAS 33 text is not part of AASB 133. 74A IAS 1 (as revised in 2007) amended the terminology used throughout IFRSs. In addition it added paragraphs 4A, 67A, 68A and 73A. An entity shall apply those amendments for annual periods beginning on or after 1 January 2009. If an entity applies IAS 1 (revised 2007) for an earlier period, the amendments shall be applied for that earlier period. 74B IFRS 10 and IFRS 11 Joint Arrangements, issued in May 2011, amended paragraphs 4, 40 and A11. An entity shall apply those amendments when it applies IFRS 10 and IFRS 11. 74C IFRS 13, issued in May 2011, amended paragraphs 8, 47A and A2. An entity shall apply those amendments when it applies IFRS 13. 74D Presentation of Items of Other Comprehensive Income (Amendments to IAS 1), issued in June 2011, amended paragraphs 4A, 67A, 68A and 73A. An entity shall apply those amendments when it applies IAS 1 as amended in June 2011.