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Tk. Earings 16,400.000 6.400.000) 10,000,000 Profit from continuing operations Less: Dividends on preference shares Profit from continuing operations attributable to ordinary equity holders Loss from
Tk. Earings 16,400.000 6.400.000) 10,000,000 Profit from continuing operations Less: Dividends on preference shares Profit from continuing operations attributable to ordinary equity holders Loss from discontinued operations Profit attributable to ordinary equity holders Weighted average number of share outstanding 4.000.000) 6.000.000 2.000.000 shares Tk.75.00 Average market price of one ordinary share during year Potential ordinary shares Options 1,00,000 with exercise price of TK.60 Convertible 8,00,000 shares with a par value of Tk. 100 entitled to a cumulative preference shares dividend of Tk.8 per share. Each preference share is convertible to two ordinary shares. 5% Convertible Nominal amount Tk. 1,00,000,000. Each Tk. 1000 bond is convertible to bonds 20 ordinary shares. There is no amortization of premium or discount affecting the determination of interest expense. Tax rate 40% Requirements: Compute basic earnings per share. Compute diluted earnings per share. [2+8=10]
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