Earnings per share

Earnings per share (EPS) are calculated:

  • by dividing the net profit attributable to the holders of ordinary shares by the average number of ordinary shares for the period, less treasury shares (basic EPS);
  • by dividing the net result by the average number of ordinary shares and the shares that potentially result from the exercise of all the options under stock option plans, less treasury shares (diluted EPS).
Basic EPS 31.12.2011 31.12.2010
Average shares during the period 129,847,966 129,839,431
Net profit 73,056 94,908
Profit from continuing operations - -
Basic EPS and diluted EPS 0.56 0.73

For comparative purposes, the EPS index has been redetermined for the 2010 financial year and in particular the average number of ordinary shares pertaining to the year has been recalculated.
It turned out to be necessary following the second tranche of the share capital increase dated 4 July 2011, when no. 20,000,000 newly-issued shares with a par value of EUR 0.50 were put into circulation and assigned freely to the Shareholders existing on that date, on the basis of one newly-issued share every six shares already owned.

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