Document ID: chunk:federal_register_of_legislation:F2021C00879:body:0:p34
Version: federal_register_of_legislation:F2021C00879
Segment Type: other
Provision Reference: 
Character Range: 127622–136188

(CU0.31)
Loss                                                                                                                                                                                        (CU0.16)

Diluted EPS calculation
Profit from continuing operations attributable to ordinary equity holders of the parent entity                                                                                              CU990,000
Plus: profit impact of assumed conversions
                                                                                                                              Preference share dividends     CU10,000
Effect of assumed conversions                                                                                                                                                               CU10,000
Profit from continuing operations attributable to ordinary equity holders of the parent entity including assumed conversions                                                                CU1,000,000
Loss from discontinued operations attributable to the parent entity                                                                                                                         (CU2,000,000)
Loss attributable to ordinary equity holders of the parent entity including assumed conversions                                                                                             (CU1,000,000)
Weighted-average shares                                                                                                                                                                     6,480,000
Plus: incremental shares from assumed conversions
                                                                                                                              Warrants                       61,538(a)
                                                                                                                              Convertible preference shares  200,000
Dilutive potential ordinary shares                                                                                                                                      261,538
Adjusted weighted-average shares                                                                                                                                        6,741,538

Diluted EPS
Profit from continuing operations                                                                                                                                       CU0.15
Loss from discontinued operations                                                                                                                                       (CU0.30)
Loss                                                                                                                                                                    (CU0.15)
(a) [(CU65 − CU55) ÷ CU65] × 600,000 = 92,308 shares; 92,308 × 2/3 = 61,538 shares

Note: The incremental shares from assumed conversions are included in calculating the diluted per-share amounts for the loss from discontinued operations and loss even though they are antidilutive. This is because the control number (profit from continuing operations attributable to ordinary equity holders of the parent entity, adjusted for preference dividends) was positive (ie profit, rather than loss).

Fourth Quarter 20X1
Basic EPS calculation                                                                                      CU
Loss from continuing operations attributable to the parent entity                      (700,000)
Add: preference share dividends                                                        (10,000)
Loss attributable to ordinary equity holders of the parent entity                      (710,000)

Dates                                                              Shares outstanding  Fraction of period      Weighted-average shares
1 October–31 December                                              6,880,000           3/3                     6,880,000
Weighted-average shares                                                                                        6,880,000

Basic and diluted EPS
Loss attributable to ordinary equity holders of the parent entity                      (CU0.10)

Note: The incremental shares from assumed conversions are not included in calculating the diluted per-share amounts because the control number (loss from continuing operations attributable to ordinary equity holders of the parent entity adjusted for preference dividends) was negative (ie a loss, rather than profit).

Full Year 20X1
Basic EPS calculation                                                                                                         CU
Profit from continuing operations attributable to the parent entity                                                           11,800,000
Less: preference share dividends                                                                                              (70,000)
Profit from continuing operations attributable to ordinary equity holders of the parent entity                                                                               11,730,000
Loss from discontinued operations attributable to the parent entity                                                                                                          (2,000,000)
Profit attributable to ordinary equity holders of the parent entity                                                                                                          9,730,000

Dates                                                                                                                         Shares outstanding                             Fraction of period                 Weighted-average shares
1 January–28 February                                                                                                         5,000,000                                      2/12                                                        833,333
Issue of ordinary shares on 1 March                                                                                           200,000
1 March–31 March                                                                                                              5,200,000                                      1/12                                                        433,333
Conversion of 5% bonds on 1 April                                                                                             480,000
1 April–31 May                                                                                                                5,680,000                                      2/12                                                        946,667
Conversion of preference shares on 1 June                                                                                     600,000
1 June–31 August                                                                                                              6,280,000                                      3/12                                                        1,570,000
Exercise of warrants on 1 September                                                                                           600,000
1 September–31 December                                                                                                       6,880,000                                      4/12                                                        2,293,333
Weighted-average shares                                                                                                                                                                                                                  6,076,667
Basic EPS
Profit from continuing operations                                                                                                                                                                               CU1.93
Loss from discontinued operations                                                                                                                                                                               (CU0.33)
Profit                                                                                                                                                                                                          CU1.60

Diluted EPS calculation
Profit from continuing operations attributable