To prepare the reconciliation required in the earnings per share note, Hautes-Terres SA has the following data (in euros): profit attributable to the parent before preference dividends 7,200,000; preference dividends after tax 600,000; interest on a dilutive convertible bond, removed after tax, 240,000; basic weighted average number of shares 6,000,000 units; effect of the options 450,000 units; effect of the convertible bond 750,000 units. Calculate the diluted numerator, the diluted denominator and diluted earnings per share. Round earnings per share to two decimals (case convention).
- Profit attributable to the parent before preference dividends
- 7,200,000
- Preference dividends after tax
- 600,000
- Interest on the bond removed, after tax
- 240,000
- Basic weighted average number of shares
- 6,000,000
- Effect of the options
- 450,000
- Effect of the convertible bond
- 750,000