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EPS - BasicEarnings per share-basic (FRS3 earnings per share) is the relationship of the profit after tax attributable to each share in issue. Under UK General Accepted Accounting Practices (GAAP), and in accordance with FRS3 (Financial Reporting Standard 3) issued by the Accounting Standards Board, all companies must provide in their Annual Report an indication as to the earnings per share for the reporting period. This FRS3 earnings per share is computed after including all exceptional and extraordinary items, both of a trading and non-trading nature, and after deducting tax and minority interests. The value is expressed in pence (currency being GBP).
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