The following information is provided for Rumi Bhd. : 1. Year ended 31 December 2015: The issued capital of Rumi Bhd at 31 December 2015 was $30 million as shares were denominated at $1 each. Rumi's earnings attributable to its shareholders for the year ended 31 December 2015 were $5 million. 2. Year ended 31 December 2016: On 1 April 2016, Rumi issued 15 million ordinary shares at full market price. Earnings attributable to its ordinary shareholders for the year ended 31 December 2016 were $22 million. 3. Year ended 31 December 2017: On 1 October 2017 Rumi made rights issue of two new ordinary shares at a price of $3 each for every five ordinary shares held. The offer was fully subscribed. The market price of Rumi shares immediately prior to the offer was $6.00 each. 4. Also, on 1 January 2017, the directors of Rumi were awarded share options of 12 million ordinary shares exercisable from 1 January 2020 at $4.00 per share. The average market value of Rumi ordinary share for the year ended 31 December 2017 was $8. Eamings. attributable to its ordinary shareholders for the year ended 31 December 2017 were $25.5 million. Required: i. calculate the basic earnings per share for years 2015, 2016, and 2017 including comparative figures (where relevant) ii. Diluted earnings per share for 2017
