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Using the above information compute the earnings per share for the company using GAAP and IFRS. First show the formula for how to compute the
Using the above information compute the earnings per share for the company using GAAP and IFRS. First show the formula for how to compute the EPS for GAAP and for IFRS and explain the differences in computing EPS using GAAP and IFRS.
In millions of Korean won, except earnings per share information) Notes 2016 2015 Sales Cost of sales Gross profit Selling expenses General and administrative expenses Operating profit Share of profit of joint ventures and associates, net Finance income Finance expenses Other income Other expenses Profit before income taxes Income tax expense Profit for the year Profit attributable to: Owners of the Company Non-controlling interests Earnings per share Basic earnings per share in Korean won 49,521,447 (39,653,769) 9,867,678 (4,711,708) (2,801,697) 2,354,273 894,873 359,567 (275,925) 657,123 (889,645) 3,100,266 (469,666) 2,630,600 4, 33 w 52,712,906 (42,281,590) 10,431,316 (5,127,449) (2,842,387) 2,461,480 1,159,899 249,938 (293,353) 817,114 (953,044) 3,442,034 (687,394) 2,754,640 29, 33 25, 29, 33 25, 29, 33 26, 32, 33 26, 32, 33 27, 33 27, 33 28 2,754,640 2,630,600 23 6,873 6,559 In millions of Korean won, except earnings per share information) Notes 2016 2015 Sales Cost of sales Gross profit Selling expenses General and administrative expenses Operating profit Share of profit of joint ventures and associates, net Finance income Finance expenses Other income Other expenses Profit before income taxes Income tax expense Profit for the year Profit attributable to: Owners of the Company Non-controlling interests Earnings per share Basic earnings per share in Korean won 49,521,447 (39,653,769) 9,867,678 (4,711,708) (2,801,697) 2,354,273 894,873 359,567 (275,925) 657,123 (889,645) 3,100,266 (469,666) 2,630,600 4, 33 w 52,712,906 (42,281,590) 10,431,316 (5,127,449) (2,842,387) 2,461,480 1,159,899 249,938 (293,353) 817,114 (953,044) 3,442,034 (687,394) 2,754,640 29, 33 25, 29, 33 25, 29, 33 26, 32, 33 26, 32, 33 27, 33 27, 33 28 2,754,640 2,630,600 23 6,873 6,559Step by Step Solution
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