The Possessive Case is formed

by means of the ending -`s

which is pronounced [s] after
voiceless consonants except
sibilants, [z] after voiced
consonants except sibilants and
after vowels, and [iz] after
sibilants.
If a noun in the plural ends in
s, only the apostrophe is
added in the plural Possessive
Case which does not affect the
pronunciation of the word.
The Possessive Case is mainly
used with nouns denoting living
being. Besides the names of
living beings the following nouns
can be used in the Possessive
Case:
a) Nouns denoting time and
distance;
b) names of countries and
towns or cities;
c) names of cosmic bodies;
d) collective nouns like
government, party, army,
crew, family, society, etc.
The Possessive Case is used in
some set expressions.
The ending -`s is added not only
to nouns but also to some
pronouns and some adverbs of
time; it may refer to a whole
word combination.
Someone's book
yesterday's excursion
Ann and Kate's room