Extracts from the draft financial statements of Fancy plc for the year ended 31 December 2021...

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Extracts from the draft financial statements of Fancy plc for the year ended 31 December 2021 show the following: £000 Profit before tax Less Taxation Corporation Tax 1,035 £000 2,323 (1,035) 1,288 Profit after tax On 1 January 2021 the issued share capital of Fancy plc was 4,600,000 6% preference shares of £1 each and 4,140,000 ordinary shares of £1 each. The proposed dividends were approved by the directors during the year ended 31 December 2021. The preference dividends have not been charged in arriving at profit after tax in the statement of profit and loss and other comprehensive income. Required: Calculate the EPS is respect of the year ended 31 December 2021. The company made a rights issue of £1 ordinary shares on 1 October 2021 in the proportion of 1 for every 5 shares held, at a price of £1.20. The market price for the shares on the last day of the quotation cum rights was £1.80 per share. Extracts from the draft financial statements of Fancy plc for the year ended 31 December 2021 show the following: £000 Profit before tax Less Taxation Corporation Tax 1,035 £000 2,323 (1,035) 1,288 Profit after tax On 1 January 2021 the issued share capital of Fancy plc was 4,600,000 6% preference shares of £1 each and 4,140,000 ordinary shares of £1 each. The proposed dividends were approved by the directors during the year ended 31 December 2021. The preference dividends have not been charged in arriving at profit after tax in the statement of profit and loss and other comprehensive income. Required: Calculate the EPS is respect of the year ended 31 December 2021. The company made a rights issue of £1 ordinary shares on 1 October 2021 in the proportion of 1 for every 5 shares held, at a price of £1.20. The market price for the shares on the last day of the quotation cum rights was £1.80 per share.