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CMA Intermediate · Corporate Accounting and Auditing · Earnings per Share (Ind AS 33)

Paragraph 9 of Ind AS 33 requires an entity to calculate basic EPS for profit or loss attributable to ordinary equity holders of the parent entity and, if presented, for which other amount?

Besides profit or loss attributable to ordinary equity holders of the parent, basic EPS is also calculated, if presented, for profit or loss from continuing operations attributable to those equity holders, as paragraph 9 requires.

  1. AProfit or loss from continuing operations attributable to those equity holdersCorrect
  2. BOther comprehensive income attributable to those holders
  3. CProfit before interest and tax of the entity
  4. DRetained earnings at the year end

Explanation

Paragraph 9 requires basic EPS for total profit or loss attributable to ordinary equity holders of the parent and, if presented, for profit or loss from continuing operations attributable to them. The other options are not mentioned.

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