RP plc prepares its financial statements to 31 December each year and has a capital structure consisting of:

* 100,000 10% preference shares of €1 each; and

* 100,000 €1 ordinary shares.

In 2016 and 2017, RP plc had profits after tax of €50,000 and €60,000, respectively. On 30 September 2017, RP plc made an issue at full market price of 50,000 €1 ordinary shares.

Preference dividends are not charged in arriving at profit after tax (see note at end of Section 23.5 above).

Requirement Calculate the basic EPS for 2017 and the corresponding figure for 2016.