Bréval SA has 2,400,000 units ordinary shares at 1 January. On 1 April it issues 600,000 units shares for cash, outstanding 9 months until 31 December. On 1 October it makes a bonus issue of one new share for two held, with no new resources. The profit attributable to ordinary equity holders for the year is 5,985,000 (in euros). Calculate the weighted average number of shares for the year, restated for the bonus issue (weighting in months), then basic earnings per share. Round earnings per share to two decimals (case convention).
- Ordinary shares at 1 January
- 2,400,000
- Shares issued for cash on 1 April
- 600,000
- Months outstanding of the shares issued for cash
- 9
- Profit attributable to ordinary equity holders
- 5,985,000