On 1 January 2016, G plc issued £2 million of 7% convertible loan stock. The holders of this stock may choose to convert the stock to ordinary shares on 1 January 2020, 2021 or 2022. The number of ordinary shares into which the stock will be converted is as follows:

Date of conversion             Number of shares issued

1 January 2020 .................400 shares per £1,000 of stock.

1 January 2021..................420 shares per £1,000 of stock.

1 January 2022..................440 shares per £1,000 of stock.

The company's profit after tax for the year to 30 September 2017 was £2.2 million. The comparative figure for the year to 30 September 2016 was £2.4 million. The company pays tax at 20%.

On 1 October 2015, the company's issued share capital consisted of 1.5 million 12% preference shares of £1 each and 5 million ordinary shares of 20p each. On 1 April 2017 the company issued a further 500,000 ordinary shares at full market price.

The preference dividend was paid in full in both the year to 30 September 2016 and the year to 30 September 2017.

Required:

(a) Calculate basic EPS and diluted EPS for the year to 30 September 2016.

(b) Calculate basic EPS and diluted EPS for the year to 30 September 2017.