Extracts from a listed company’s Statement of income for the year ended 30 June 2012 are shown, while its Statement of financial position reports:

Calculate the earnings per share for 2012 in each of the following independent scenarios:

(a) During the year ended 30 June 2012 the company did not pay any dividend or issue any shares.

(b) The company has also in issue £500,000 6% Preference shares; but during the year ended 30 June 2012 no shares have been issued nor dividend paid.

(c) The company has also in issue £500,000 6% Preference shares which, as at 30 June 2011, were in arrears for three years’ dividend. During the year ended 30 June 2012 no shares were issued nor any dividend paid.

(d) The company made an issue of 2 million ordinary shares of 50p each on 1 April 2012 at 70p each and paid a dividend of 3p per share on 29 June 2012.

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Operating profit Interest paid Profit before tax Taxation Profit after tax £5,000,000 (£80,000) £4,920,000 (£994,000) £3,926,000