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IAS-33
Earning per Share Submitted by:

Ali Hasan Zahid

Amna Fayyaz
Amna Jamshed Qureshi
Mahrukh Chohan
Naima Amber Khan
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OBJECTIVE

The objective of this IAS is to prescribe

principles for the determination and
presentation of earning per share.

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SCOPE

This IAS shall apply to the entities (Individual

or Group), already listed on the stock
exchanges or in the process of listing.

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TYPES OF SHAREHOLDERS

• Ordinary shareholders ,their dividends fluctuate

annually depending on profits and available cash
reserves etc.
• Preference shareholders have more rights than ordinary
shareholders. Not only do they have preference on
liquidation, but they also have a fixed amount paid out
each year in dividends

.
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MEASUREMENT
Basic (BEPS)
Diluted EPS
Earnings attributable to the
ordinary shareholders Shows the lowest earnings
divided by the weighted per share possible assuming
average number of ordinary that these potential ordinary
shares in issue during the shares are created
year

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ABOUT THE COMPANY - MUGHAL STEEL

• Mughal Iron & Steel Industries Limited (“MISIL”) is one of the

leading companies of Pakistan in the iron and steel sector.
• The company was incepted in the early 1950 in the form of a
proprietorship firm with a purpose to uplift trade, contribute to
national economy and ensure industrial growth of the country.
• It manufactures steel products. 
• It is based in Lahore, Pakistan.
• It was founded in 1950.

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 CALCULATION
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 NOTES
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• During the current year, the Company has issued 100%
right shares (i.e. 100 ordinary shares for every 100
ordinary shares held).
• The Directors subscribed to 94,840,941 right shares
amounting to Rs. 940,840,941 including the
unsubscribed portion which represented 493,617 shares
amounting to Rs. 4,936,173.

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 NOTES
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• The weighted average number of outstanding shares as at

June 30, 2017 and June 30, 2016 includes the effect of
bonus element in the rights issue. Diluted earnings per
share has not been presented as the Company does not
have any convertible instruments in issue as at June 30,
2017.

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 ABOUT THE COMPANY – ENGRO
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FERTILIZER

• Engro Fertilizer Limited is a subsidiary of Engro

Corporation and a renowned name in Pakistan’s fertilizer
industry.
• It is traded on the stock market under the symbol EFERT.
• Engro holds a vast, nationwide production and marketing
infrastructure and produces leading fertilizer brands
optimized for a local cultivation needs and demand.

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 ENGRO
Balanced scorecard slide 3FERTILIZER
BASIC EPS LOREM IPSUM

Rs.8.36 Rs.6.98
2017 2016

Basic EPS is calculated by dividing the profit or

loss attributable to ordinary shareholders of the
Holding Company by the weighted average
number of ordinary shares outstanding during
the year.

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 ENGRO
Balanced scorecard slide 3FERTILIZER
DILUTED LOREM IPSUM

EPS
Rs.8.36 Rs.6.91
2017 2016

Diluted EPS is determined by adjusting the

profit or loss attributable to ordinary
shareholders and the weighted average number
of ordinary shares outstanding for the effects of
all dilutive potential ordinary shares.

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 CALCULATION
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 ABOUT THE COMPANY – NESTLE
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PAKISTAN

• Nestlé Pakistan Ltd. is a subsidiary of Nestlé S.A., a company

based in Vevey, Switzerland.
• About Nestlé Exchange (PSE), their food processing company has
been operating in Pakistan since 1988 under a joint venture with
Milk Pak Ltd, whose management they took over in 1992.
• For the last several years, Nestlé Pakistan has been consistently
placed among the top companies of the PSE.
• Nestlé Pakistan is headquartered in Lahore, with four production
facilities across the country.

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Balanced scorecard slide 3PAKISTAN
NESTLE

Financials 2017 2016

No. of shares 45,349,600 45,349,600

Profit before Tax 20,988,505,000 17,019,920,000
Tax (6,346,723,000) (5,172,947,000)
Profit after Tax 14,641,782,000 11,846,973,000

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Balanced scorecard slide 3PAKISTAN
NESTLE

Basic EPS:
 

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 CALCULATION
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DILUTED

There is no dilution effect on the basic earnings per

share of the Company as it has no such
commitments.

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THANK YOU