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PBR » Topics » (k) Earnings per share

This excerpt taken from the PBR 6-K filed Mar 30, 2009.

(k) Earnings per share

Earnings per share are computed using the two-class method, which is an earnings allocation formula that determines earnings per share for both preferred shares, which are participating securities and common shares as if all of the net income for each year had been distributed in accordance with a predetermined formula described in Note 17(c).

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This excerpt taken from the PBR 6-K filed Mar 18, 2008.

(k) Earnings per share

Earnings per share are computed using the two-class method, which is an earnings allocation formula that determines earnings per share for both preferred shares, which are participating securities and common shares as if all of the net income for each year had been distributed in accordance with a predetermined formula described in Note 17(b).

EXCERPTS ON THIS PAGE:

6-K
Mar 30, 2009
6-K
Mar 18, 2008

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