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1

EPS - Bonus fraction

Shares after/shares before
- apply to all periods before bonus issue

2

EPS - Rights fraction

Pre-rights issue share price/TERP

3

ESP - TERP

1) total value of share after RI/total number of shares after RI

2) no. Shares before RI x price = value before
3) no. shares issued in rights issue x price = cash generated
4) add to get total value
* apply to all period before the rights issue

4

How to restate the EPS for the PY

Original EPS x reciprocal of bonus fraction x reciprocal of rights fraction
- need to do this as treating issues as have always been in issue