• 2024 Issued Standard – IAS 33
  The 2024 Issued Standards include all amendments issued up to and including 31 December 2023.

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Note that the Issued Standards contain amendments that have a mandatory effective date that is later than 1 January 2024. Find details of the effective dates of amendments to this Standard in the Recent Amendments section below.

IAS 33 applies to companies whose ordinary shares or potential ordinary shares are publicly traded or companies in the process of issuing such shares in public markets.

It requires the calculation of basic and diluted earnings per share (EPS) which must be presented on the face of the statement of profit or loss and other comprehensive income.

Basic EPS is calculated by dividing profit or loss attributable to ordinary equity holders by the weighted average number of ordinary shares outstanding. The standard provides guidance on the calculation of these amounts.

Diluted EPS is calculated in the same way as basic EPS, however the profit or loss attributable to ordinary equity holders and the weighted average number of shares are adjusted for the effects of all dilutive potential ordinary shares.