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Note 2 - Summary of Significant Accounting Policies: Basic and Diluted Earnings Per Share (Policies)

3 Months Ended

Jul. 31, 2014

BASIC AND DILUTED EARNINGS PER SHARE

Pursuant to ASC Section 260-10-45, basic income (loss) per common share is computed by dividing income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding for the periods presented. Diluted income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would then share in the income of us, subject to anti-dilution limitations. The following table presents a reconciliation of basic and diluted net income per common share:

	For Three Months Ended July 31,
	2014	2013
Numerator:
Net loss attributable to Sunwin Stevia International, Inc.	$ (504,204)	$ (585,374)
Numerator for basic EPS, loss applicable to common stock holders	$ (504,204)	$ (585,374)
Denominator:
Denominator for basic earnings per share - weighted average number of common shares outstanding	173,882,803	173,882,803
Stock awards, options, and warrants	-	-
Denominator for diluted earnings per share - adjusted weighted average outstanding average number of common shares outstanding	173,882,803		173,882,803
Basic and diluted loss per common share:
Loss per share - basic	$ (0.003)	$ (0.003)
Loss per share - diluted	$ (0.003)	$ (0.003)

On July 31, 2014 and 2013, the effect of the 26,666,666 outstanding common stock purchase warrants was anti-dilutive as we reported a net loss attributable to our common shareholders for both periods. Additionally, outstanding purchase warrants which could result in the issuance of 26,666,666 additional common shares were anti-dilutive as the exercise price of the warrants exceeded the average market price. As of July 31, 2014, 26,666,666 outstanding common stock purchase warrants were not exercised and expired.

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

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