Thalès SA has cumulative preference shares classified as equity. During the year it paid the dividend of 240,000 due for that year, as well as 240,000 of dividend arrears relating to the previous year. The profit attributable to the parent before preference dividends is 1,900,000 (in euros) and the weighted average number of ordinary shares is 1,000,000 units. Calculate the profit attributable to ordinary equity holders and then basic earnings per share. Round earnings per share to two decimals (case convention).
- Profit attributable to the parent before preference dividends
- 1,900,000
- Cumulative preference dividend for the year
- 240,000
- Arrears of the previous year paid during the year
- 240,000
- Weighted average number of ordinary shares
- 1,000,000