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Financials

Profit and Loss Account

EPS - Diluted


	Profit and Loss Account
		Turnover
		Pre Tax Profit
		Attributable Profit
		Retained Profit
		EPS - Basic
		EPS - Diluted
		Dividends Per Share

EPS - Diluted

Earnings per share-diluted (FRS14 earnings per share) is the relationship of the profit after tax attributable to each share in issue. Diluted earnings per share figure shows earnings per common share after assuming the exercise of all outstanding warrants and stock options, and the conversion of convertible bonds and preferred stock, all potentially dilutive securities. Under UK General Accepted Accounting Practices (GAAP), and in accordance with FRS14 (Financial Reporting Standard 14) issued by the Accounting Standards Board, where a company has in issue any form of security that does not, at the time the accounts are published, rank for ordinary dividends but may do so in the future, FRS14 requires it to publish in addition to the basic earnings per share what are termed diluted earnings per share. FRS14 requires publication wherever the effect is dilutive, and not where it is antidilutive. This FRS14 earnings per share is computed after including all exceptional and extraordinary items, both of a trading and non-trading nature, and after deducting tax and minority interests. The value is expressed in pence (currency being GBP).