You have the following information available to you for the year ended December : Profit before tax amounted to R and R in and respectively. Profit for both years includes finance costs amounting to R Included in the finance costs are preference dividends amounting to R for and R for On the incorporation date, January Tetris Ltd issued ordinary shares at R each. On March an additional ordinary shares were issued at R each, the market value of the share at this date. On June Tetris Ltd made a rights issue of three ordinary shares for every eight shares held. The issue price was R while the market value of each share was R There are currently options in issue, each of which allows the holder of the option to purchase five shares at an exercise price of R per share. The options have already vested and will not expire in the near future. The average market value of the share at the time of issue was R These options were in issue for the entire and periods. There are redeemable preference shares in issue that are convertible at the option of the holder based on four ordinary shares for every preference share held. These preference shares were in issue in both and The SA normal tax rate is Prepare the earnings per share note disclosure in the financial statements of Tetris Ltd for the year ended December