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IFRSclass.comTM |
| U.S. GAAP Codification | IFRS International Standards | Accounting Standards, ASC |
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International Accounting Standard (IAS) 33 |
| IFRS Accounting Topics |
| International Accounting Standard (IAS) 33 |
IAS 33
Earnings per Share Issued in
February 1997 Revised in
December 2003 Recent amendment:
by IFRS 3 revised in January 2008 |
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Basic
earnings per share (Basic EPS) = (1) / (2) (1) = profit or loss (attributable to ordinary equity holders) (2) = weighted average number of ordinary shares outstanding |
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profit or
loss (attributable to ordinary equity holders) = profit or loss - preference dividends |
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Diluted
earnings per share (Diluted EPS) = (3) / (4) (3) = (1) + effects of dilutive potential ordinary shares (4) = (2) + effects of dilutive potential ordinary shares |
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Potential
ordinary shares --> a financial instrument or other contract --> that may entitle its holder to ordinary shares |
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Dilution --> a reduction in earnings per share --> from the following assumptions: (1) convertible instruments are converted (2) options or warrants are exercised (3) contingent ordinary shares are issued |
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Potential
ordinary shares are dilutive --> when their conversion to ordinary shares --> decreases earnings per share |
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IAS
33 Technical Notes |
| IAS 40 - IAS 41 |
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IAS 40:
Investment property |
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IAS
40 Technical Notes |
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IAS 41:
Agriculture |
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