Note 8: Earnings per share
In € millions |
2016* |
2017 |
||
|
||||
Profit before tax from continuing operations |
850 |
764 |
||
Income tax |
(234) |
(253) |
||
Profit from continuing operations |
616 |
511 |
||
Profit for the period attributable to non-controlling interests |
(78) |
(68) |
||
Profit for the period from continuing operations attributable to shareholders of the company |
538 |
443 |
||
Profit for the period from discontinued operations |
436 |
393 |
||
Discontinued operations attributable to non-controlling interest |
(4) |
(4) |
||
Profit for the period attributable to shareholders of the company |
970 |
832 |
Number of shares |
2016 |
2017 |
Issued common shares at January 1 |
248,976,428 |
252,176,412 |
Effect of issued common shares during the year |
1,937,945 |
1,513,199 |
Effect of share repurchase program |
– |
(2,054,481) |
Shares for basic earnings per share for the year |
250,914,373 |
251,635,130 |
|
|
|
Effect of dilutive shares |
|
|
For performance-related shares |
1,054,797 |
1,626,796 |
For share-matching plan |
16,468 |
12,825 |
Shares for diluted earnings per share |
251,985,638 |
253,274,751 |
in € |
2016* |
2017 |
||
|
||||
Continuing operations |
|
|
||
Basic |
2.15 |
1.76 |
||
Diluted |
2.14 |
1.75 |
||
Discontinued operations |
|
|
||
Basic |
1.72 |
1.55 |
||
Diluted |
1.71 |
1.54 |
||
Total operations |
|
|
||
Basic |
3.87 |
3.31 |
||
Diluted |
3.85 |
3.29 |
Adjusted earnings per share
In € millions |
2016* |
2017 |
||
|
||||
Profit before tax from continuing operations |
850 |
764 |
||
Identified items reported in operating income |
5 |
80 |
||
Amortization of intangible assets |
76 |
74 |
||
Adjusted income tax |
(256) |
(207) |
||
Non-controlling interests |
(78) |
(68) |
||
Adjusted profit from continuing operations attributable to shareholders of the company |
597 |
643 |
||
Adjusted earnings per share (in €) |
2.38 |
2.56 |
In € millions |
2016 |
2017 |
Profit before tax from total operations |
1,448 |
1,324 |
Identified items reported in |
(17) |
129 |
Amortization of intangible assets |
124 |
120 |
Adjusted income tax |
(431) |
(395) |
Non-controlling interests |
(82) |
(72) |
Adjusted profit from total operations attributable to shareholders of the company |
1,042 |
1,106 |
Adjusted earnings per share (in €) |
4.15 |
4.40 |