Earnings per share

Earnings per share (“EPS”) are calculated by:

  • dividing the profit for the period attributable to holders of ordinary shares by the average number of ordinary shares outstanding in the period, net of treasury shares (basic EPS);
  • dividing the profit for the period by the average number of ordinary shares and those that could arise from the exercise of all options under stock option plans, net of treasury shares (diluted EPS).

Basic EPS    First half
of 2013
  First half
of 2012
Average shares outstanding during the period    159,998,914  159,998,591
Profit for the period (€’000)    32,367  29,668
Basic and diluted EPS    0.20  0.19*
* Recalculated following the bonus issue of 9 July 2012
 

For comparative purposes, the EPS was recalculated for 2012. Specifically, the average number of ordinary shares outstanding in the year was recounted.
This was necessary following the third instalment of the bonus issue on 9 July 2012, when 20,000,000 newly-issued shares with a nominal amount of €0.50 each were freely allocated to the existing shareholders at that date, in the ratio of one new share to every seven shares held.

Registered Office: 16151 Genoa Via Paolo Mantovani, 3 - 5
Paid-in Share Capital EUR 70,000,000 R.E.A. n. 421689 Register of Enterprises of Genoa Tax Code 01371160662
A Finmeccanica Company