17 每股收益ppt课件

1、每股收益Earnings per Share 2022/7/91.企业会计准那么每股收益一、适用范围二、根本每股收益三、稀释每股收益四、重新计算2022/7/92.企业会计准那么每股收益一、适用范围普通股或潜在普通股已公开买卖的企业 正处于公开发行普通股或潜在普通股过程中的企业 自愿列报每股收益信息的企业 2022/7/93.企业会计准那么每股收益二、根本每股收益 归属于普通股股东的当期净利润 当期发行在外普通股的加权平均数2022/7/94.企业会计准那么每股收益二、根本每股收益分子：归属于普通股股东的当期净利润净亏损合并净利润少数股东损益2022/7/95.企业会计准那么每股收益二、根本每

2、股收益分母：仅思索当期实践发行在外的普通股股份权数新发行普通股库存股新发行的股票股数以应收对价之日起计算购买资产并以未来发行普通股股份作为对价企业合并(非同一控制和同一控制)2022/7/96.企业会计准那么每股收益例：期初发行在外的普通股10000股3月2日新发行4500股12月1日回购1500股，以备未来奖励职工普通股加权平均数1000012/12+450010/12-15001/12=25股 2022/7/97.企业会计准那么每股收益三、稀释的每股收益根本原那么：假设稀释性潜在普通股于当期期初或发行日曾经全部转换为普通股只思索稀释性潜在普通股的影响，不思索不具有稀释性的潜在普通股亏损企业

3、的认股权证等稀释性潜在普通股的三种主要情形可转换公司债、认股权证、股份期权2022/7/98.企业会计准那么每股收益三、稀释的每股收益分子的调整：当期已确以为费用的稀释性潜在普通股的利息稀释性潜在普通股转换时将产生的收益或费用相关所得税的影响 2022/7/99.企业会计准那么每股收益三、稀释的每股收益分母的调整：假定稀释性潜在普通股转换为已发行普通股而添加的普通股股数的加权平均数2022/7/910.企业会计准那么每股收益可转换公司债券例：某公司2007年1月2日发行4%可转换债券，面值800万元，每100元债券可转换为1元面值普通股90股。2007年净利润4500万元2007年发行在外普通

4、股4000万股所得税税率33%根本每股收益4500/40001.125元2022/7/911.企业会计准那么每股收益稀释的每股收益净利润的添加800 4% 1-33%21.44万元普通股股数的添加800/100 90720万股稀释的每股收益450021.44/40007200.96元2022/7/912.企业会计准那么每股收益认股权证、股份期权行权时发行的普通股包括两部分：按当期平均市场价钱发行的普通股，不具有稀释性，计算稀释的每股收益时不用思索未获得对价而发行的普通股，具有稀释性，计算稀释的每股收益时该当加到普通股股数中2022/7/913.企业会计准那么每股收益例：某公司2007年初对外发

5、行100万份认股权证，行权价钱3.5元2007年度净利润200万元发行在外普通股加权平均数500万股普通股平均市场价钱4元根本每股收益200/5000.4元2022/7/914.企业会计准那么每股收益调整添加的普通股股数1001003.5412.5万股稀释的每股收益200/50012.50.39元假设承诺回购其股份，且回购价钱高于市场价钱时如何处置？2022/7/915.企业会计准那么每股收益多项潜在普通股 按照其稀释程度从大到小的顺序计入稀释每股收益，直至稀释每股收益到达最小值稀释程度：以增量股的每股收益衡量2022/7/916.企业会计准那么每股收益例：某公司2007年度归属于普通股股东的

6、净利润为37500万元，发行在外普通股加权平均数为125000万股。 当期普通股平均市场价钱为12元。 年度内没有期权被行权，也没有可转换公司债券被转换或赎回，所得税税率为33%。 假设不思索可转换公司债券在负债和权益成份的分拆。 年初已发行在外的潜在普通股有：2022/7/917.1股份期权12000万份，每份股份期权拥有在授权日起五年内的可行权日以8元的行权价钱购买1股本公司新发股票的权益。12000-12000812=4000万股股数添加4000万股2022/7/918.2按面值发行的年期可转换公司债券630000万元，债券每张面值100元，票面年利率为2.6%，转股价钱为每股12.5元

7、。6300002.6%(1-33%)=10974.6万元630000/12.5=50400万股增量股每股收益= 0.218元2022/7/919.3按面值发行的三年期可转换公司债券1100000万元，债券每张面值100元，票面年利率为1.4%，转股价钱为每股10元。11000001.4%(1-33%)=10318万元1100000/10=110000万股增量股每股收益= 0.094元2022/7/920.企业会计准那么每股收益根本每股收益=37500/125000=0.3元2022/7/921.企业会计准那么每股收益确定潜在普通股计入稀释每股收益的顺序： 净利润增加股数增加增量股的每股收益稀释

8、性顺序期权-4000-12.6%债券10974.6504000.21831.4%债券103181100000.09422022/7/922.企业会计准那么每股收益分步计入稀释每股收益 净利润 股数 每股收益 稀释性根本每股收益 37500 125000 0.3期股 _ 4000 37500 129000 0.291 稀释1.4%债券 10318 110000 47818 239000 0.200 稀释2.6%债券 10974.6 50400 58792.6 289400 0.203 反稀释因此，稀释每股收益为0.2元。 2022/7/923.企业会计准那么每股收益子公司、合营企业或联营企业发行

9、的潜在普通股 例：A公司2007年度净利润为480万元不包括子公司利润或子公司支付的股利，发行在外普通股400万股，持有子公司B公司80%的普通股股权。 B公司2007年度净利润为216万元，发行在外普通股40万股，普通股平均市场价钱为8元。年初，B公司对外发行6万份可用于购买其普通股的认股权证，行权价钱为4元，A公司持有1200份认股权证。假设除股利外，母子公司之间没有其他需抵销的内部买卖。假定 A公司获得B公司投资时， B公司各项可识别资产的公允价值与其账面价值一致。2022/7/924.企业会计准那么每股收益B公司：根本每股收益=216/40=5.4元调整添加的普通股股数=6-648=3

10、万股 稀释的每股收益=216/40+3=5.02元 A公司：根本每股收益=480+5.44080%/400 =1.63元 稀释的每股收益=480+5.024080%+5.0230.12/6/400 =1.60元 2022/7/925.企业会计准那么每股收益四、重新计算 发生不改动企业资源但将引起当期发行在外普通股股数发生变动的情况，需重新计算一切列报期间的股份数，并据以调整每股收益派发股票股利公积金转增股本拆股、并股2022/7/926.企业会计准那么每股收益例：某公司2004年和2005年净利润分别为190万元和220万元2004年1月1日发行在外的普通股1000000股2004年4月1日按

11、市价新发行普通股200000股2005年7月1日分派股票股利，以2004年12月31日总股本1200000股为基数每10股送3股 2022/7/927.企业会计准那么每股收益2005年度发行在外普通股加权平均数=1000000+200000+360000)12/12=1560000股2004年度发行在外普通股加权平均数=10000001.312/12+2000001.39/12=1495000股2005年度根本每股收益=2200000/1560000 =1.41元2004年度根本每股收益=1900000/1495000 =1.27元2022/7/928.企业会计准那么每股收益配股在计算每股收益

12、时比较特殊，由于配股是向全部现有股东以低于当前股票市价的价钱发行普通股，实践上可以了解为按市价发行股票和无对价送股的混合体。也就是说，配股中包含的送股要素导致了发行在外普通股股数的添加，但却没有相应的经济资源的流入。计算根本每股收益时，该当思索这部分送股要素，据以调整各列报期间发行在外普通股的加权平均数。计算公式如下： 2022/7/929.企业会计准那么每股收益每股实际除权价钱行权前发行在外普通股的公允价值配股收到的款项行权后发行在外的普通股股数调整系数=行权前每股公允价值每股实际除权价钱因配股重新计算的上年度根本每股收益=上年度根本每股收益调整系数本年度根本每股收益=归属于普通股股东的当期

13、净利润配股前发行在外普通股股数调整系数配股前普通股发行在外的时间权重配股后发行在外普通股加权平均数2022/7/930.企业会计准那么每股收益例：某企业2007年度归属于普通股股东的净利润为9600万元，2007年1月1日发行在外普通股股数为4000万股，2007年6月10日，该企业发布增资配股公告，向截止到2007年6月30日股权登记日一切登记在册的老股东配股，配股比例为每5股配1股，配股价钱为每股5元，除权买卖基准日为2007年7月1日。假设行权前一日的市价为每股11元，2006年度根本每股收益为2.2元。那么，2007年度比较利润表中根本每股收益的计算如下： 2022/7/931.企业会

14、计准那么每股收益每股实际除权价钱11400058004000+800=10元调整系数=1110=1.1因配股重新计算的2006年度根本每股收益=2.21.1=2元2005年度根本每股收益=960040001.16/12+48006/12=2.09元 2022/7/932.与配股相关的两个问题企业存在非流通股时，配股如何处置？向定向对象以低于市场价钱发行股票，如何处置？2022/7/933.讨论在资产负债观下，计算每股收益的作用是什么？2022/7/934.IAS 33 Earnings per Share The objective of this Standard is to prescri

15、be principles for the determination and presentation of earnings per share, so as to improve performance comparisons between different entities in the same reporting period and between different reporting periods for the same entity. The focus of this Standard is on the denominator of the earnings p

16、er share calculation.2022/7/935.IAS 33 Earnings per ShareThis Standard shall be applied by entities whose ordinary shares or potential ordinary shares are publicly traded and by entities that are in the process of issuing ordinary shares or potential ordinary shares in public markets. An entity that

17、 discloses earnings per share shall calculate and disclose earnings per share in accordance with this Standard.2022/7/936.IAS 33 Earnings per ShareAn ordinary share is an equity instrument that is subordinate to all other classes of equity instruments. A potential ordinary share is a financial instr

18、ument or other contract that may entitle its holder to ordinary shares. An entity shall present on the face of the income statement basic and diluted earnings per share for profit or loss from continuing operations attributable to the ordinary equity holders of the parent entity and for profit or lo

19、ss attributable to the ordinary equity holders of the parent entity for the period for each class of ordinary shares that has a different right to share in profit for the period. An entity shall present basic and diluted earnings per share with equal prominence for all periods presented. An entity t

20、hat reports a discontinued operation shall disclose the basic and diluted amounts per share for the discontinued operation either on the face of the income statement or in the notes. 2022/7/937.Basic earnings per share Basic earnings per share shall be calculated by dividing profit or loss attributa

21、ble to ordinary equity holders of the parent entity (the numerator) by the weighted average number of ordinary shares outstanding (the denominator) during the period. For the purpose of calculating basic earnings per share, the amounts attributable to ordinary equity holders of the parent entity in

22、respect of:2022/7/938.IAS 33 Earnings per Share(a) profit or loss from continuing operations attributable to the parent entity; and (b) profit or loss attributable to the parent entity shall be the amounts in (a) and (b) adjusted for the after-tax amounts of preference dividends, differences arising

23、 on the settlement of preference shares, and other similar effects of preference shares classified as equity. 2022/7/939.For the purpose of calculating basic earnings per share, the number of ordinary shares shall be the weighted average number of ordinary shares outstanding during the period. Parag

24、raph 19 The weighted average number of ordinary shares outstanding during the period and for all periods presented shall be adjusted for events, other than the conversion of potential ordinary shares, that have changed the number of ordinary shares outstanding without a corresponding change in resou

25、rces. 2022/7/940.Diluted earnings per shareFor the purpose of calculating diluted earnings per share, an entity shall adjust profit or loss attributable to ordinary equity holders of the parent entity, and the weighted average number of shares outstanding, for the effects of all dilutive potential o

26、rdinary shares. Dilution is a reduction in earnings per share or an increase in loss per share resulting from the assumption that convertible instruments are converted, that options or warrants are exercised, or that ordinary shares are issued upon the satisfaction of specified conditions. 2022/7/94

27、1.For the purpose of calculating diluted earnings per share, the number of ordinary shares shall be the weighted average number of ordinary shares calculated in accordance with paragraphs 19 and 26, plus the weighted average number of ordinary shares that would be issued on the conversion of all the

28、 dilutive potential ordinary shares into ordinary shares. Potential ordinary shares shall be treated as dilutive when, and only when, their conversion to ordinary shares would decrease earnings per share or increase loss per share from continuing operations. An entity uses profit or loss from contin

29、uing operations attributable to the parent entity as the control number to establish whether potential ordinary shares are dilutive or antidilutive. In determining whether potential ordinary shares are dilutive or antidilutive, each issue or series of potential ordinary shares is considered separate

30、ly rather than in aggregate. 2022/7/942.Retrospective adjustmentsIf the number of ordinary or potential ordinary shares outstanding increases as a result of a capitalisation, bonus issue or share split, or decreases as a result of a reverse share split, the calculation of basic and diluted earnings

31、per share for all periods presented shall be adjusted retrospectively. 2022/7/943. FASB Statement No. 128Earnings per Share (Issued 2/97)This Statement establishes standards for computing and presenting earnings per share (EPS) and applies to entities with publicly held common stock or potential com

32、mon stock. This Statement simplifies the standards for computing earnings per share previously found in APB Opinion No. 15, Earnings per Share, and makes them comparable to international EPS standards. It replaces the presentation of primary EPS with a presentation of basic EPS. It also requires dua

33、l presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. 2022/7/944.FASB Statement No. 128Earnings per Share (Issued 2/97)Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares o