3

Question 1

EPS - Bonus fraction

Answer 1

Shares after/shares before

- apply to all periods before bonus issue

Question 2

EPS - Rights fraction

Answer 2

Pre-rights issue share price/TERP

Question 3

ESP - TERP

Answer 3

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

Question 4

How to restate the EPS for the PY

Answer 4

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