Note 9: Earnings per share

Profit for the period

In € millions

2017

2018

Profit before tax from continuing operations

764

573

Income tax

(253)

(118)

Profit from con­tinuing oper­ations

511

455

Profit for the period attributable to non-controlling interests

(68)

(45)

Profit for the period from con­tinuing oper­ations attributable to shareholders of the company

443

410

Profit for the period from discontinued operations

393

6,274

Discontinued operations attributable to non-controlling interest

(4)

(10)

Profit for the period attributable to shareholders of the company

832

6,674

Weighted average number of shares

Number of shares

2017

2018

Issued common shares at January 1

252,176,412

252,620,585

Effect of issued common shares during the year

1,513,199

2,252,713

Effect of share repurchase program

(2,054,481)

Shares for basic earnings per share for the year

251,635,130

254,873,298

 

 

 

Effect of dilutive shares

 

 

For performance-related shares

1,626,796

1,087,173

For share-matching plan

12,825

9,813

Shares for diluted earnings per share

253,274,751

255,970,284

Earnings per share

in €

2017

2018

Con­tinuing oper­ations

 

 

Basic

1.76

1.61

Diluted

1.75

1.60

Discon­tinued oper­ations

 

 

Basic

1.55

24.58

Diluted

1.54

24.47

Total oper­ations

 

 

Basic

3.31

26.19

Diluted

3.29

26.07

Adjusted earnings per share

Profit for the period from continuing operations

In € millions

2017

2018

Profit before tax from continuing operations

764

573

Identified items reported in operating income

80

193

Interest on tax settlement

(30)

Adjusted income tax

(185)

(204)

Non-controlling interests

(68)

(45)

Adjusted profit from con­tinuing oper­ations attributable to shareholders of the company

591

487

Adjusted earnings per share (in €)

2.35

1.91

Profit for the period from total operations

In € millions

2017

2018

Profit before tax from total operations

1,324

7,278

Identified items

129

(5,852)

Interest on tax settlement

(30)

Adjusted income tax

(359)

(378)

Non-controlling interests

(72)

(55)

Adjusted profit from total oper­ations attributable to shareholders of the company

1,022

963

Adjusted earnings per share (in €)

4.06

3.78