question a) Calculate earnings per share and dividend per share for December 2014

He teadis loss ty vad can Tibet Question 3 30 Marks Omaheke Limited's share capital as at 01 January 2014 was as follows: SOO 000 ordinary shares issued at NS0.50 each 200 000 8% non cumulative non-redeemable preference shares issued at N$2 each On 30 September 2014, the company announced a rights issue of ordinary share for every 4 shares held at a price of N$2.20. The market price at this date was N$2.50. All the shareholders took up the offer on this date The results of operations of Omaheke Limited are as follows: OMAHEKE LIMITED RESULTS OF OPERATIONS FOR THE YEAR ENDED 31 DECEMBER 2014 2014 NS Profit before tas 750 000 Income tax expense (400 000) Profit for the period 350 000 Ordinary dividend declared (40000) Preference dividend declared (32 000) Retained earnings for the year 278 000 Retained camnings-beginning of the year 568 000 Retained earnings - end of the year 846 000 2013 NS 730 000 (300 000) 430 000 (30000) (32 000) 368 000 200 000 568 000 REQUIRED a) Calculate the earnings per share and dividend per share (13) b) Prepare the earnings per share and dividend per share note for inclusion in the notes to the financial statements for the year ending 31 December 2014 (4) c) Prepare an extract of the statement of changes in equity for the year ending 31 December 2014 (13) Comparatives are required