Page 18 - PowerPoint Presentation

EARNINGS PER SHARE

Weighted Average Number Of Shares

• Effect on WANOS

• Shares issued for cash - from date cash receivable

• Shares issued to settle liability - from settlement date

• Shares issued for services rendered - from date services rendered

• Shares issued to purchase asset - when risks and rewards of asset

transfer

• Shares bought back - from date liable to buy shares back

• Shares issued in business combination - from acquisition date

• Shares mandatorily issuable after a time period - when contract

entered into

• Contingently issuable shares - when ALL conditions are satisfied

• Exclude treasury shares and shares subject to recall

18