A company's issued share capital consists of 15 million ordinary shares of 50p each and 20 million 7% preference shares of £1 each. The company's pre-tax profit for the year to 31 July 2000 is £8,300,000 and the corporation tax liability for the year is £2,400,000.

Required:

Calculate the company's earnings per share for the year to 31 July 2000 in accordance with FRS14.