Presentation on the face of the income statement

Learning objectives

• Identify the amounts to be presented in the statement of profit or loss (basic and diluted, continuing operations and total, with equal prominence, losses included).L2, L3, L4

Normative references

• IAS 33 §66Presentation: the entity presents in the statement of comprehensive income basic and diluted earnings per share for profit or loss from continuing operations and for profit or loss attributable to ordinary equity holders of the parent, for each class of ordinary shares that has a different right to share in profit, with equal prominence for all periods presented. Presentation in a separate statement of profit or loss falls within para. 67A (and para. 4A), and the entities within scope within para. 2.
• IAS 33 §69Basic and diluted earnings per share are presented even if the amounts are negative (a loss per share).

Original summaries of the paragraphs (reference register), never a quotation of the standard.

2 questions

• The ordinary shares of Orsay SA are traded in a public market. Where and how does the entity present basic and diluted earnings per share?L2
• Séquoia SA presents the components of its profit in a separate income statement, followed by a statement of comprehensive income. The year ends with a loss attributable to ordinary equity holders. How does the entity present earnings per share?L4