The equity section of Atrio Ltd. showed the following: share premium 6,101, share capitalordinary 925, share capitalpreference
Question:
The equity section of Atrio Ltd. showed the following: share premium €6,101, share capital—ordinary €925, share capital—preference €58, retained earnings €7,420, and treasury shares
€2,828. (All amounts are in millions.)
The preference shares have 577,740 shares authorized, with a par value of €100 and an annual €3.50 per share cumulative dividend preference. At December 31, 577,649 preference shares are issued and 546,024 shares are outstanding. There are 1.8 billion shares of €1 par value ordinary shares authorized, of which 924.6 million are issued and 844.8 million are outstanding at December 31.
Instructions Prepare the equity section, including disclosure of all relevant data.
Step by Step Answer:
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso