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MikeLittle.
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- May 13, 2015 at 10:35 am #245672
Anonymous
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Hi Mr.Mike,
I am having a little confusions on the calculation of Profit after tax for 20X2. Why did they not subtract the Discontinued loss from the 20X2’s Profit, so did for 20X1’s ?
In addition, for calculating free shares from Option granted, why they had x6/12 ?. I know the Option was granted in 1.10.20X2 (half year) but get confused about that calculation.
Please help.
Thank much Mike.
May 13, 2015 at 6:54 pm #245769Discontinued operations results are shown in “other comprehensive income”
If you listen carefully to my lectures, I emphasise that conversions / dilutions are deemed to take place with effect from the earliest date possible. In the easier examples, this is the first day of the accounting year. But if the options are only granted say three months into the year then they could not possibly be deemed to be exercised on the first day because they didn’t exist on the first day
Does that make sense?
May 14, 2015 at 3:09 am #245824Anonymous
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Total clear.
Thank you sir.May 14, 2015 at 6:01 am #245830You’re welcome
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