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IAS 33 Earnings Per Share

IAS 33 Earnings per Share prescribes the principles for the determination and presentation of earnings per share.

Revised December 2003. Effective 1 January 2005.

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IAS 33 applies to companies whose ordinary shares or potential ordinary shares are publicly traded or companies in the process of issuing such shares in public markets.

It requires the calculation of basic and diluted earnings per share (EPS) which must be presented on the face of the statement of profit or loss and other comprehensive income.

Basic EPS is calculated by dividing profit or loss attributable to ordinary equity holders by the weighted average number of ordinary shares outstanding. The standard provides guidance on the calculation of these amounts.

Diluted EPS is calculated in the same way as basic EPS, however the profit or loss attributable to ordinary equity holders and the weighted average number of shares are adjusted for the effects of all dilutive potential ordinary shares.

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Annual period starts
Effective version of standard
Notes on amendments 
On or after 1 January 2018 IAS 33 2019 Required Standards 
Includes amendment 1
1 January 2016 – 31 December 2017
IAS 33 2017 Required Standards
Does not include the amendment

Required Standards book for a particular year assumes that there is no early application of issued but not yet effective IFRSs; The Issued Standards book assumes early application of all issued IFRSs. For the latest version of the standard, and where the amendment is to be adopted early, refer to IAS 33 2019 Required Standards.

Recent amendments

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1. IFRS 9 amendment to IAS 33

Effective for annual periods beginning on or after 1 January 2018. Earlier application is permitted.

IFRS 9 amends IAS 33 to refer to IFRS 9 in respect of the effective interest method rather than IAS 39.

This page was last updated 26 March 2019