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Question

Trendz Spa is a company listed on the Bombay Stock Exchange. Its Financial statements for the year ended 31 March 2015 Showed earning per share of Rs.136.
On 1 October 2015, Trendz spa made a 3 for 1 bonus issue. According to IAS 33 - 'Earning per share', what figure for the 2015 EPS will be shown as comparative information in the financial statements for the year ended 31 March 2016?

A
Rs.34
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B
Rs.45.36
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C
Rs.408
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D
Rs.544
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Solution

The correct option is B Rs.34
Earning per share = Earning for equity shareholders
----------------------------------------------
No. of shares.
= Rs-136
-------------
3 + 1
= Rs-34 per share.

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