Basic earnings per share
The calculation of basic earnings per share at December 31, 2010 was based on the profit of €288 million (2009: €118 million) attributable to the ordinary equity holders of the Company, and a weighted average number of ordinary shares outstanding of 296.4 million (2009: 290.1 million), calculated as follows:
|
Profit for the year attributable to the equity holders of the Company |
2010 |
2009 |
|
|
|
|
|
Profit for the year attributable to the equity holders of the Company (A) |
288 |
118 |
|
Weighted average number of shares |
2010 |
2009 |
|
|
|
|
|
Issued ordinary shares at January 1 |
292.0 |
286.0 |
|
Effect of stock dividend |
3.2 |
3.2 |
|
Effect of issued shares |
1.2 |
0.9 |
|
Weighted average number of shares (B) |
296.4 |
290.1 |
|
|
|
|
|
Basic EPS (A/B) (€) |
0.97 |
0.41 |
Diluted earnings per share
The calculation of diluted earnings per share at December 31, 2010 was based on the profit of €288 million (2009: €118 million) attributable to the ordinary equity holders of the Company, and a diluted weighted average number of ordinary shares outstanding of 300.3 million (2009: 293.8 million), after adjustment for the effects of all dilutive potential ordinary shares, calculated as follows:
|
Profit for the year attributable to the equity holders of the Company |
2010 |
2009 |
|
|
|
|
|
Profit for the year attributable to the equity holders of the Company (A) |
288 |
118 |
|
Diluted weighted average number of shares |
2010 |
2009 |
|
|
|
|
|
Weighted average number of shares (B) |
296.4 |
290.1 |
|
Long-Term Incentive Plan |
3.9 |
3.6 |
|
Share options |
0.0 |
0.1 |
|
Diluted weighted average number of shares (C) |
300.3 |
293.8 |
|
|
|
|
|
Diluted EPS (minimum of basic EPS and [A/C]) (€) |
0.96 |
0.40 |