Net Basis

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August 31, 2024 3 min read Definitions

NET BASIS: Earnings Calculation Method in Financial Reporting

Finance Accounting Net Basis Earnings per Share IAS 33 Financial Reporting Profit and Loss

The basis upon which the earnings per share (EPS) of a company is calculated, taking into account both constant and variable elements in the company's tax charge. Under International Accounting Standard 33 (IAS 33), Earnings Per Share, a listed company must show the EPS on the net basis on the face of the profit and loss statement.

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