During year N, Aurillac SA carried out a rights issue with a bonus element. The price before the rights are detached is 15 and the theoretical ex-rights value is 12. For year N-1, presented as a comparative, the entity had published basic earnings per share of 1.88, with a profit attributable to ordinary equity holders of 2,250,000 (in euros) and 1,200,000 units shares. Calculate the adjustment factor, the restated number of N-1 shares and the restated comparative basic earnings per share. Round earnings per share to two decimals (case convention).
- Price before the rights are detached
- 15
- Theoretical ex-rights value
- 12
- N-1 shares as published
- 1,200,000
- Profit attributable to ordinary equity holders of N-1
- 2,250,000