Calculation of Basic EPS - Simple Structure Exercise: 3 A company's profit after tax for the year to 31st December 2018 was RO 3.8 million. The comparative figure for the year to 31st December 2017 was RO 3.6 million. The company's issued share capital at 1st January 2016 consisted of 4 million ordinary shares of RO 0.500 each. No shares were issued during the year 2017 but a further 1 million ordinary shares were issued (at full market price) on 1 July 2018. Required: (a) Calculate basic EPS for the year 2017. (b) Calculate basic EPS for the year 2018