Question
1 January shares in issue 1,000,000 5% convertible bonds 1,00,000 (terms of conversion 120 ordinary shares for 100), 31 March holders of Rs.25000 bonds converted
1 January shares in issue 1,000,000 5% convertible bonds 1,00,000 (terms of conversion 120 ordinary shares for 100), 31 March holders of Rs.25000 bonds converted to ordinary shares. Profit for the year ended 31st December Rs.2,00,000 Calculate Basic and Diluted EPS. Ignore the need to split the convertible bonds into liability and equity elements.
(question from IND AS 33 - Earnings per share)
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
6th edition
1292063467, 978-1292063461
