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Commonwealth legislation
What this Standard does
This is the Australian Accounting Standard that tells companies how to calculate and report Earnings Per Share (EPS) — a key financial metric showing how much profit each ordinary share has earned.
Who it affects
Private companies don't have to follow this unless they choose to disclose EPS voluntarily.
What companies must calculate
| Type | What it shows | |------|---------------| | Basic EPS | Profit divided by actual shares outstanding during the period | | Diluted EPS | What EPS would be if all potential shares (options, convertible bonds, etc.) were converted |
Key rules
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Direct links to the current provisions in AASB 133 - Earnings per Share - August 2015.
Zoe has indexed the source text for search and analysis. Use the official register for the original document and download formats.
View on official registerSourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
Special situations covered
Australian-specific features
The Standard incorporates the international IAS 33 but adds Australian paragraphs (marked "Aus") for not-for-profit entities and those not using the Conceptual Framework. Tier 2 entities (simplified disclosures) can opt out of most requirements if they don't disclose EPS.
Why it matters
EPS lets investors compare profitability across companies and time periods on a per-share basis. The Standard ensures this calculation is consistent and transparent, including showing how "dilution" from potential future shares could affect returns.