Page 120 - F2 Integrated Workbook STUDENT 2019
P. 120
Chapter 5
Example 5.2
At 1 May 20X3, Dustin had 600 million $1 ordinary shares in issue. It made a
bonus issue of 1 new ordinary share for every 5 held on 1 September 20X3. Its
profit before tax for the year was $600m and the income tax expense for the
year was $150m.
Dustin’s EPS for the year ended 30 April 20X3 was 45c.
Required:
Calculate the basic EPS for the year ended 30 April 20X4. Give your
answer in cents.
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