Page 39 - PowerPoint Presentation

EARNINGS PER SHARE

Contingently Issuable Shares

• If all the conditions relating to the issue of contingently

issuable shares are satisfied, those shares will be included

in the basic earnings per share and diluted earnings per

share calculation.

• The number of contingently issuable shares to be
included in the diluted earnings per share calculation is

based on the number of shares that would be issuable if

the end of the reporting period was the end of the

contingency period.

• The following adjustments are required for calculating
diluted earnings per share if contingently issuable shares

are in existence:

• No adjustments are made to earnings.

• The weighted average number of shares should be increased
with the additional shares that will be issued, assuming that
conditions at the end of the reporting period remain unchanged
until the end of the contingency period.

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