CERTYNEX IFRS ACADEMY

An acquisition agreement provides that Rivoli SA delivers 100,000 ordinary shares to the seller of a subsidiary when all the performance conditions are met. They are met on 1 September; the shares are physically issued on 1 February of the following year. The year ends on 31 December. From which date do these shares enter basic earnings per share?

From 1 September, the date on which all the necessary conditions are satisfied.

From 1 February of the following year, the date of actual issue of the shares.

From 1 January, the start of the year, as if the conditions had been met from the outset.

From 31 December, the reporting date at which the entity assesses the status of the conditions.