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Calculate Shares in Issue and Ordinary Share Capital

Economics

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Here are the calculations and the report on equity, dividends, retained earnings, liability to SARS, and distribution of profits for Alice Digital Ltd. for the year ended 28 February 2025.

Step 1: Calculate Shares in Issue and Ordinary Share Capital

  • Shares in issue at 1 March 2024: 2,000,000 shares (authorised)×60%=1,200,000 shares2,000,000 \text{ shares (authorised)} \times 60\% = 1,200,000 \text{ shares}
  • Value of Ordinary Share Capital at 1 March 2024:
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