Solution 1:

Profit After Tax 1,000,000

Prefrence share holder return (200,000) 2,000,000 x 10%
Profit Attributable to Ordinary 800,000

Ordinary shares 50,000 500,000/10

EPS 16 800,000/50,000

Solution 2:

Profit After Tax 5,000,000

Prefrence share Cummulative (200,000) 2,000,000 x 10%
Non-Cummulative (225,000)
4,575,000

Ordinary shares 50,000 500,000/10

EPS 91.5 4,575,000/50,000

Solution 4:

Profit After Tax 4,000,000

Cummulative (50,000)
Non-Cummulative (700,000)
Profit Attributable to Ordinary 3,250,000

Ordinary shares 200,000

EPS 16.25

Solution 5:

Profit After Tax 1,000,000

Cummulative (100,000)
Profit Attributable to Ordinary 900,000

Ordinary shares 200,000

EPS 4.5
Solution 6:

Weighted Avgerage shares during the year:

Op 500,000 x 12 500,000
12

1-Apr-19 200,000 x 9 150,000

12

July 1 2019 150,000 x 6 75,000

12

Buy Back Oct 1 70,000 x 3 (17,500)

2019 12
707,500

EPS 7.07

Solution 7:

Profit After Tax 2,500,000

Prefrence shares Return (168,750)

15,000 x 75 x 15%
2,331,250

Weighted Avgerage shares during the year:

Op 100,000 x 12 100,000
12

1-Apr-19 300,000 x 9 225,000

12

Aug 1 2019 150,000 x 5 (62,500)

12

1-Oct-19 200,000 x 3 50,000

12
312,500

EPS 7.46 2331250/312500

Solution 14:

Ex-Right Price:

Market value before Right Issue 500,000 x 40 20,000,000

Right Issue 100,000 x 35 3,500,000
600,000 23,500,000

Ex-Right Price 39.167

RAF 40.000
39.167

Op 500,000 x 40.000 x 12 510,634

39.167 12

Right Issue 500,000 x 20% x 35 x 6 44680

39.167 12

######

EPS 3,000,000 5.40

555,314

Solution 15:

Market Price 1 x 40 40
0.25 x 25 6.25
1.25 46.25

Ex-Right Price 37

RAF 40
37

Op 400,000 x 40.000 x 12 432,432

37.000 12

Further Issue 150,000 x 40.000 x 9 121,622

37.000 12
Right Issue 550,000 x 25% x 25 x 6 46453
37 12
######

EPS 6.66 4,000,000

600,507
Solution 17:

1-Jul Ex right Price

1 x 80 80
0.2 x 70 14
1.2 94

Ex-Right Price 78.3

Continued Operation Discounted Operation

Profit After Tax 200,000 10,000

Cummulative (6,000) -
194,000 10,000

Weighted Avs Shares 10663 10663

EPS 18.19 0.94 19.13

w-1:

Op 8,000 x 1.2 x 80 /78.33 x 12/12 9805

Rihght Issue 9600 20% x 70/78.33 x 6/12 858
10663

Solution 18:

Ex-Right Price:

1 x 25 25
0.25 x 15 3.75
1.25 28.75

Price 23

RAF 25
23

OP 120 x 25/23 x 1.2 x 12/12 156.5

Right issue 120 x 25% x 15/23 x 1.2 x 9/12 17.61

174.1

EPS 225 1.29

174.1
Solution 19:

Ex-Right Price 30

RAF 32
30

Op 10 x 32/30 x 1.2 x1.1 x 12/12 14.1

Right Issue 10 x 40% x 25/30 x 1.2 x 1.1 x 7/12 2.57
16.65

Continued Discontinued

PAT 765 155

Pref Return (4) -
761 155

Shares 16.65 16.65

Eps 45.71 9.31

Solution 20: ODO ODO

Ex-Right Price

1 x 15 15
0.2 x 12 2.4
1.2 17.4

Ex-Right Price 14.5

RAF 15
14.5

Op 5 x 15/14.5 x 12/12 5.17

Right Issue 5x 20% x 12/14.5 x 6/12 0.41
5.59

PAT 150
Cummulative Return -3
147

EPS 147 26.31

5.59

Solution 20: TAI TAI

Ex-Price:
1 x 12.5 12.5
0.2 x 11 2.2
1.2 14.7

Ex-Right Price 12.25

RAF 12.5
12.25

Op 80 x 1.2 x 12.5 x 2 x 12/12 195.92

12.25

Right issue 96 x 20% x 11 x 2 x 3/12 8.62

12.25
204.54
PAT 130.00
Discounted 40.00
170.00
(5.75)
164.25

Discontiuned -40
W.Avg shares 204.54

EPS 0.80
EPS (0.196)

Solution 22:

Op shares 300,000 x 1.05 x 12/12 315,000

1-Jul 80,000 x 6/12 40,000
355,000

Profit After Tax 5,000,000

Cummulative Return (200,000)
4,800,000

Earnings Shares EPS

Basic 4,800,000 355,000 13.521
Dillution Impact of Deb 187,500 375,000 0.500
4,987,500 730,000 6.83

Solution 22:
Op 300,000 x 1.05 x x 12/12 315,000
1-Jul 80,000 x 6/12 40,000
355,000

Earnings Shares EPS

Basic 5,000,000 355,000 14.08
Cummulative (200,000)
4,800,000 355,000 13.52
Dillution Impact 187,500 375,000 0.50
4,987,500 730,000 6.83

Solution 23:
Ex-Right Price 18.75

RAF 20
18.75

Op 400,000 x 20/18.75 x 1.2 x 12/12 512,000

Right Issue 400,000 x 20% x 12.5/18.75 x 1.2 x 9/12 48,000
560,000

PAT 6,000,000
Cummulative (200,000)
5,800,000
 Earnings W.Avg shares EPS
Basic 5,800,000 560,000 10.36
Cummulative Pref Shares 200,000 400000
6,000,000 960,000 6.25
Non-cummulative - 210,000
6,000,000 1,170,000 5.13
Reemable 253,125 360,000
3 x 15% x 9/12 x 75% 6,253,125 1,530,000 4.09

Solution 24:

Ex-Right Price 27

RAF 30
27

Op 300,000 x 1.1 x 30/27 x 12/12 366,667

Right Issue 330,000 x 25% x 15/27 x 6/12 22,917
389,583

PAT 7,500,000
Cummulative (150,000)
Non-cumm (204,000)
7,146,000

Earnings W.Avg Shares EPS

Basic 7,146,000 389,583 18.34
Options - 100,000
7,146,000 489,583 14.60

Workings:
2500 x 200 500,000 x (20-12/20)x 6/12 100,000

Solution 25:

Ex-Right Price 48

RAF 50
48

Op 300,000 x 1.1 x 50 x 12/12 343750

48

Further Issue 100,000 x 1.1 x 50 x 9/12 85,938

48

Right Issue 440,000 x 25% x 40 x 3/12 22,917

48
452,604

Earnings Shares EPS

Basic 5,000,000 452,604 11.047
Dillution Impact - 180,000
5,000,000 632,604 7.904
Case 2:

Right:
Op 300,000
Convert 450,000
F.I 100,000
Bonus 85,000
935,000

Op 300,000 x 1.1 x 50 x 12/12 343750

48

Convertion Options 450,000 x 1.1 x 50 x 12/12 515625

48

F.I 100,000 x 1.1 x 50 x 9/12 85938

48

Right Issue 1 Oct 935,000 x 25% x 40 x 3/12 48,698

48
994,010

Earnings Shares EPS

Basic 5,000,000 994,010 5.03

Case 3:

Op 300,000 x 1.1 x 50 x 12/12 343,750

48

40% options
Exercised on 1 3000 x150 x 40% x 1.1 x 50 x 12/12 206,250
Jan 2019 48

April 1 2019 100,000 x 1.1 x 50 x 9 /12 85,937

48

Right Issue Oct 1 638,000 x 25% x 40 x 3 /12 33,229

48
669,166

Earnings Shares EPS

Basic 5,000,000 669,166 7
Dillution Impact - 108,000
5,000,000 777,166 6.43 Dilluted EPS

3000 x 150 x 60% x (25-15)/25 108,000

Case 4:

Op 300,000 x 1.1 x 50 x 12/12 343,750

48
40% options
Exercised on 1 3000 x150 x 40% x 1.1 x 50 x 10/12 171,875
March 2019 48

April 1 2019 100,000 x 1.1 x 50 x 9 /12 85,937

48

Right Issue Oct 1 638,000 x 25% x 40 x 3 /12 33,229

48
634,791
 Earnings Shares EPS
Basic 5,000,000 634,791 7.88
Dillution Impact:
40% converted 0 12,000
60% not Converted 0 108,000
5,000,000 754,791 6.624350317 Dilluted EPS

40% Impact 3000x150x 40% x (25-15)/25 x (2/12)

60% Impact 3000x150x60% x (25-15)/25 x (12/12)

Case 5:

Op 300,000 x 1.1 x 50 x 12/12 343,750

48

March 1 2019 3000x150x 40%x1.1 x 50 x 10/12 171875

48

Further Issue April 1100,000 x 1.1 x (50/48) x (9/12) 85938

Right Issue oct 1 638,000 x 25%x (40/48) x (3/12) 33,229

Nov 1 2019 3,000 x 150 x 30% x (2/12) 22500

657,292

Earnings Shares EPS

Basic 5,000,000 657,292 7.61
Dillution Impact:
40% converted on 0 12,000
1 March (25-15)/25 x 3,000 x 150 x 40% x (2/12)

30% converted on 0 45,000

1 Nov

30% not 0 54,000

converted (25-15)/25 x 3,000 x 150 x 30% x (12/12)

5,000,000 768,292 6.51

Solution 28:
Correction in question Tax amount is 735

PAT 4165
Dividend -96
4069

Op 1,600 x 3/12 x 1.25x 25 517

24.16

1 April Bonus 1600 x 1.25 x 6/12 x 25 1035

24.16

1 oct Right 2400 x 3/12 x 600

2152

Rankings:
Earnings Shares EPS
Pref.Shares 96 2400 0.04 1st
Loan 140 200 0.7 2nd

Working 1:

1 x 25 25
 0.2 x 20 4
1.2 29

29
1.2

24.167

RAF 25
24.167

Calculations of EPS:
Earnings Shares EPS
Basic 4069 2152 1.89
Prefrence Shares 96 2400
4165 4552 0.91
Loan 140 200
4305 4752 0.91

Solution 31:

Basic

PAT 127.83
Less:
Pref.Shares
Return (2.45)
125.38

W.avg Shares 85.22

EPS 1.47

RANKINGS:
Earnings W.Avg Shares Ratio
Options 0 0.15 0 1
Pref. Shares 2.45 4 0.6125 2
Debentures 5.25 3 1.75 3

Dilluted EPS Workings:

Earnings Shares EPS

Basic 125.38 85.22 1.4713
Options - 0.15
125.38 85.37 1.4687 Dilluted Eps
Pref.Shares 2.45 4
127.83 89.37 1.430345754 Dilluted Eps
Debentures 5.25 3
133.08 92.37 1.440727509 Anti Dilluted

Solution 32:

Case a:
Bonus Factor 1.1

1-Jul Op 5,000,000 x 1.1 x 12/12 5,500,000

EPS 20,000,000 3.64

5,500,000

Earnings Shares EPS

Basic 20,000,000 5,500,000 3.64
Dilluted 10,140,000 3,000,000
30,140,000 8,500,000 3.55
Expense 120,000,000 x 13% x 65% 10140000
Shares 120,000,000 x 25/1000 x 12/12 3000000

Case b:
Bonus Factor 1.1

1-Jul Op 5,000,000 x 1.1 x 12/12 5,500,000

Coversion of 100%
120,000,000 x 25/1000 x 40% x 1.10 x 12/12 1,320,000

Weighted Average No of Shares 6,820,000

Earnings per shares 20,000,000 2.93

6,820,000

Earnings Shares EPS

Basic 20,000,000 6,820,000
Dilluted 6084000 1800000
26,084,000 8,620,000 3.03 Anti Dilluted

Expense 120000000 x 60% x 13% x 65% 6,084,000

Shares 120000000 x 60%
25/1000
x 13%x 60%x 12/12 1,800,000

Solution 33:

Oct 1 Ex-Right Price:

1 x 15 15
0.1972 x 12 2.3664
1.1972 17.3664

Ex-Right Price 14.51

RAF 15
14.51

Op 1-Apr 5,000,000 x 15/14.505 x 12/12 5170631

Conv Pref.S 1-Jul 70,000 x 15/14.505 x 9/12 54292

Right Issue 1-Oct 5,070,000 x 19.72% x 12/14.505 x6/12 413,569

5,638,492
BASIC EPS

March 31,2010:

PAT 110,000,000

Less:
Cummulative pref.shares Return (3,000,000)
200k x 100 x 15%
107,000,000

Weighted Shares 5,000,000

21.4

Restated EPS 20.69

March 31,2011:

Earnings PAT 150,000,000

Less:
Cummulative pref.shares Return (2,850,000)
200,000 -10,000 x 100 x 15%

Ordinary shares 147,150,000

Weighted Avg.Shares 5,638,492

Basic EPS 26.097

Earnings Shares EPS

Basic ########## 5,638,492 26.09740413

Pref.Shares

Not Converted 2,850,000 1,330,000

190,000 x 7

Converted - 17,500
70,000 x 3/12
########## 6,985,992 21.47153957 Dilluted

Solution 34:

Ex-Right Price:
30-Sep 12.25

RAF 12.5
12.25

Op 80 x 12.5/12.25 x 12/12 81.633

Right Issue 80 x 20% x 11/12.25 x 3/12 3.591

85.224

PAT company 130

Loss of Discontinued 40
170
Profit from continued operation (5.75)
164.25
 Continued Discountinued
(loss)/Profit Attributable to
ordinary share Holder 164.25 (40)

Weighted Avg Shares 85.224 85.224

1.93 (0.47)

Rankings:
Earnings Shares Ratio Rank

Options 0 500,000 0 1st

Debentures 7,150,000 6,000,000 1.19 2nd
Pref.Shares 5,750,000 4,000,000 1.4375 3rd

EPS Working:
Earnings Shares EPS
Basic 164.25 85.224 1.93 Continued
Options 0 0.5
164.25 85.72365306 1.93 Dilluted
Debentures 7.15 6
171.4 91.72365306 1.87 Dilluted
Pref.Shares 5.75 4
177.15 95.72365306 1.85 Dilluted

Solution 35:

Apr-14 Ex-Right Price 23

RAF 25
23

Op 120 x 25 x 1.2 x 12/12 156.52

23

Right april 120 x 25% 15 x 1.2 x 9 /12 17.61

23
174.13

Earnings Shares EPS

Basic 225 174.1 1.29
Options 0 1
225 175.1 1.28

Covertible TFCS 9.34 10

234.34 185.1 1.266018368 Dilluted

Solution 36:

1-Oct Ex-Right Price 48

RAF 50
48

Op 800,000 x 0.5 x 50/48 x 12/12 416,667

1-Apr 120,000 x 0.5 x 50/48 x 9/12 46,875

Right issue 1 july 460,000 x 25% x 40/48 x 3/12 23958

487,500

PAT 2,500,000
487,500

5.13 EPS