The information relates to Dagupan Inc. for the year ended December 31, 2016 and 2017: (1) Extracts of Statement of Comprehensive income ww ww 2017 2016 Pesos in millions 1,800 100 1,900 Profit after tax Other comprehensive income (net of tax) Total comprehensive income (2) Shareholder equity as on 1st January 2016 comprised of: (a) 25 Million Ordinary shares of P10 each (b) 5 million cumulative preference shares of P10 each entitled to a cumulative dividend at 18% (3) During the year 2016, the following events occurred: (a) On 2nd March, Dagupan announced 30% bonus issue to ordinary shareholders. The entitlement (issue) date of bonus shares was 30th April. (b) On 1s:August, 2 million ordinary shares were issued at Market value of P30 (4) During the year 2017, the following events occurred: (a) On 1s:February, 25% bonus shares were issued to ordinary shareholders. (b) On 15th March, Dagupan announced 40% right shares to its ordinary shareholder at P24 per share. The entitlement date of right shares was 1s:May. The market price per share immediately before the announcement date and entitlement date was P32 and P30 , respectively (c) On September 30th, ordinary shares were consolidated and every three shares P10 face value existing shares were replaced with one P30 face value new shares. (d) During the year, Interim Dividend of P2.5 Million was paid to ordinary shareholders (5) On 1s:February 2018, 15% bonus shares were issued to ordinary shareholders. (6) Profit after tax include a profit of P200 million in 2017 and P170 Million in 2016 which relates to discontinued operation. 2,400 230 2,630
The information relates to Dagupan Inc. for the year ended December 31, 2016 and 2017: (1) Extracts of Statement of Comprehensive income ww ww 2017 2016 Pesos in millions 1,800 100 1,900 Profit after tax Other comprehensive income (net of tax) Total comprehensive income (2) Shareholder equity as on 1st January 2016 comprised of: (a) 25 Million Ordinary shares of P10 each (b) 5 million cumulative preference shares of P10 each entitled to a cumulative dividend at 18% (3) During the year 2016, the following events occurred: (a) On 2nd March, Dagupan announced 30% bonus issue to ordinary shareholders. The entitlement (issue) date of bonus shares was 30th April. (b) On 1s:August, 2 million ordinary shares were issued at Market value of P30 (4) During the year 2017, the following events occurred: (a) On 1s:February, 25% bonus shares were issued to ordinary shareholders. (b) On 15th March, Dagupan announced 40% right shares to its ordinary shareholder at P24 per share. The entitlement date of right shares was 1s:May. The market price per share immediately before the announcement date and entitlement date was P32 and P30 , respectively (c) On September 30th, ordinary shares were consolidated and every three shares P10 face value existing shares were replaced with one P30 face value new shares. (d) During the year, Interim Dividend of P2.5 Million was paid to ordinary shareholders (5) On 1s:February 2018, 15% bonus shares were issued to ordinary shareholders. (6) Profit after tax include a profit of P200 million in 2017 and P170 Million in 2016 which relates to discontinued operation. 2,400 230 2,630
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
What is the total EPS for 2017?
Transcribed Image Text:The information relates to Dagupan Inc. for the year ended December 31, 2016 and
wwwwwwww
2017:
(1) Extracts of Statement of Comprehensive income
2017
2016
Pesos in millions
2,400
230
2,630
Profit after tax
Other comprehensive income (net of tax)
Total comprehensive income
(2) Shareholder equity as on 1st January 2016 comprised of:
(a) 25 Million Ordinary shares of P10 each
(b) 5 million cumulative preference shares of P10 each entitled to a cumulative
1,800
100
1,900
dividend at 18%
(3) During the year 2016, the following events occurred:
(a) On 2nd March, Dagupan announced 30% bonus issue to ordinary shareholders.
The entitlement (issue) date of bonus shares was 30th April.
(b) On 1s:August, 2 million ordinary shares were issued at Market value of P30
(4) During the year 2017, the following events occurred:
(a) On 1stFebruary, 25% bonus shares were issued to ordinary shareholders.
(b) On 15th March, Dagupan announced 40% right shares to its ordinary shareholders
at P24 per share. The entitlement date of right shares was 1s:May. The market price
per share immediately before the announcement date and entitlement date was P32
and P30 , respectively
(c) On September 30th, ordinary shares were consolidated and every three shares
P10 face value existing shares were replaced with one P30 face value new shares.
(d) During the year, Interim Dividend of P2.5 Million was paid to ordinary
shareholders
(5) On 1s:February 2018, 15% bonus shares were issued to ordinary shareholders.
(6) Profit after tax include a profit of P200 million in 2017 and P170 Million in 2016
which relates to discontinued operation.
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