Page 14 - PowerPoint Presentation

Earnings Per Share

Basic Earnings Per Share (.9 – .29)

Preference dividends

• The amount of preference dividends to be deducted

from profit or loss for the period is

• the amount of any preference dividends on non-

cumulative preference shares declared during the period,

and

• the amount of the preference dividends for cumulative

preference shares for the period, whether or not these

dividends have been declared

• Note: Preference dividends are in terms of common

law cumulative unless it is explicitly stated that it is

non-cumulative.

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