Examlex
BI Ltd has 7 000 000 ordinary shares on issue at the beginning of the year,1 July 2014.These shares were issued at $4.50 each and have a current market value of $8.00.On 1 September 2014,BI Ltd bought back 500 000 ordinary shares originally issued at $4.50 for $6.50 each.On 1 December 2014,1 000 000 shares were issued fully paid up at the current market value of these shares.Also during the period,800 000 partly paid-up ordinary shares were issued.They were issued on 1 February 2015 at an issue price of $7.20.These shares were partly paid to $4.50.The partly paid shares are permitted proportionate rights to vote and receive dividends based on the relationship between the amount paid up and the issue price. BI Ltd has 1 000 000,$1.00 preference shares that provide non-cumulative dividends at a rate of 10%.The dividends were not paid this period.
For the year ended 30 June 2014,the net loss after tax was $1 000 000.
What are the basic earnings per share for BI Ltd for the year ended 30 June 2015?
Economic Transformation
A significant change in the structure and composition of an economy, often involving development from an agrarian to an industrial or service-based economy.
Human Immunodeficiency Virus
A virus that attacks the body's immune system and can lead to acquired immunodeficiency syndrome (AIDS) if not treated.
AIDS
Acquired Immune Deficiency Syndrome, a life-threatening condition caused by the human immunodeficiency virus (HIV), leading to a severely weakened immune system.
Necrophilia
A paraphilic disorder characterized by a sexual attraction to corpses.
Q1: Describe the two options in measuring the
Q5: Explain how the gain or loss is
Q17: Explain how non-controlling interests are determined following
Q25: Dividends paid between entities in the group
Q31: Happy Days Superannuation Plan provides the following
Q34: In calculating the weighted-average number of ordinary
Q35: As prescribed in AASB 11 Joint Arrangements,where
Q37: AASB 121 defines an exchange rate as
Q47: Which of the following statements about post-acquisition
Q56: A frequently applied practice in relation to