Financial Statements
Financial Statements

16. Earnings per share

Earnings per share are determined according to IAS 33 (Earnings Per Share) by dividing net income by the weighted average number of shares.
The number of ordinary shares in issue is 826,947,808.
Prior to June 1, 2009, the conversion date of the mandatory convertible bond issued in April 2006, the potential shares to be issued upon conversion of this bond were also taken into account. Basic and diluted earnings per share were therefore identical. The financing expenses for the mandatory convertible bond were added back to net income.
Earnings per Share[Table 4.42]
 20092010
 € million€ million
Income after taxes1,3591,310
of which attributable to non-controlling interest-9
of which attributable to Bayer AG stockholders (net income)1,3591,301
   
Financing expenses for the mandatory convertible bond, net of tax effects47-
Adjusted net income1,4061,301


Shares

Shares
Weighted average number of issued ordinary shares801,050,237826,947,808
(Potential) shares (to be) issued upon conversion of the mandatory convertible bond24,955,936-
Adjusted weighted average total number of issued and potential ordinary shares826,006,173826,947,808



Basic earnings per share 1.701.57
Diluted earnings per share 1.701.57
Last updated: February 28, 2011

http://www.annualreport2010.bayer.com/en/earnings-per-share.aspx

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