Reference no: EM132452985

Problem - Beuno Ltd has 3 000 000 ordinary shares on issue at the beginning of the year, 1 July 2014. These shares were issued at $2.00 each and at the end of the period have a current market value of $4.50. On 1 August 2014, Beuno Ltd bought back 600 000 ordinary shares originally issued at $2.50 for $3.00 each. On 1 November 2014, 500 000 shares were issued fully paid up at the current market value of these shares. On 1 March 2015, 200 000 partly paid-up ordinary shares were issued at an issue price of $3.50. These shares were partly paid to $2.00. The partly paid shares are permitted proportionate rights to vote and receive dividends based on the relationship between the amount paid up and the issue price. What is the weighted-average number of shares calculated in accordance with AASB 133?