Reference no: EM133433768
Question: In its recent December 31, 2022 year-end, Rod Roy (RR) reported after tax net income of $6,000 which included income from continuing operations of $60,000 after tax. (There were discontinued operations during the year).
RR also reported the following at January 1, 2022:
Preferred shares, 3%, non-cumulative $200,000
Common shares, 4,000 issued and outstanding $100,000
On December 15, 2022, dividends on preferred shares were declared- no dividends had been paid in 2021. On that date, common share dividends were also declared and paid in the amount of $1 per share.
Rod Roy issued 2,800 common shares on July 1, 2022 and on July 1, 2022 it issued put options for 8,000 shares with an exercise price of $15. The average market price from issue date to year end was $12.
Required:
Provide the required IFRS disclosures for earnings per share data required in Rod Roy's annual report.