Nutreco
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Statement of changes in equity
- Consolidated cash flow statement
- Notes to the consolidated financial statements
- (1) Accounting policies used for the consolidated financial statements of Nutreco Holding N.V.
- (2) Reconciliation consolidated income statement
- (3) Operating segments
- (4) Discontinued operations and divestments
- (5) Assets and liabilities held for sale
- (6) Acquisitions
- (7) Other operating income
- (8) Personnel costs
- (9) Other operating expenses
- (10) Net financing costs
- (11) Income tax expense
- (12) Earnings per share
- (13) Property, plant and equipment
- (14) Intangible assets
- (15) Investments in associates
- (16) Other investments
- (17) Deferred tax assets and liabilities
- (18) Inventories
- (19) Biological assets
- (20) Trade and other receivables
- (21) Cash and cash equivalents
- (22) Equity attributable to the equity holders of the parent
- (23) Interest-bearing borrowings
- (24) Employee benefits
- (25) Provisions
- (26) Trade and other payables
- (27) Financial instruments and risk management
- (28) Contingent assets and liabilities
- (29) Related party transactions
- (30) Subsequent events
- (31) Accounting estimates and judgements
- (32) Notes to the consolidated cash flow statement
|
12) Earnings per share
Basic earnings per share
The calculation of the basic earnings per share at 31 December 2009 was based on the total result for the period attributable to equity holders of Nutreco of EUR 90.3 million (2008: EUR 114.8 million) and a weighted average number of ordinary shares outstanding during the year ended 31 December 2009 of 34,603 (x 1,000) (2008: 34,358 (x 1,000)), calculated as follows:
|
||
|
(x 1,000 shares) |
2009 |
2008 |
|
Number of ordinary shares at 1 January |
34,279 |
34,256 |
|
Average effect of conversion of share options |
1 |
3 |
|
Average effect of (re)purchase of shares |
-250 |
-449 |
|
Average effect of shares issued in March |
- |
17 |
|
Average effect of shares issued in April |
36 |
- |
|
Average effect of shares issued in May, stock dividend |
396 |
413 |
|
Average effect of shares issued in July |
103 |
61 |
|
Average effect of shares issued in July, stock dividend |
- |
5 |
|
Average effect of shares issued in August, stock dividend |
38 |
52 |
|
Weighted average number of ordinary shares at 31 December |
34,603 |
34,358 |
|
The calculation of the diluted earnings per ordinary share is based on 34,607 (x 1,000) (2008: 34,365 (x 1,000)) shares, taking into account the exercise of outstanding share options. |
||
|
(x 1,000 shares) |
2009 |
2008 |
|
Weighted average number of ordinary shares at 31 December |
34,603 |
34,358 |
|
Effect of share options outstanding |
4 |
7 |
|
Weighted average number of ordinary shares (diluted) at 31 December |
34,607 |
34,365 |
|
The average market value of Nutreco’s shares for the purpose of calculating the dilutive effect of share options is based on quoted market prices for the period that the options were outstanding. Key figures per share |
||
|
2009 |
2008 |
|
|
Continuing operations |
||
|
Basic earnings per ordinary share for continuing operations (EUR) |
2.61 |
3.02 |
|
Cash earnings per share |
2.96 |
3.33 |
|
Diluted earnings per ordinary share for continuing operations (EUR) |
2.61 |
3.02 |
|
Basic earnings per share for dividend calculation (EUR) |
2.93 |
3.18 |
|
Average number of shares outstanding during the year (x 1,000) |
34,603 |
34,358 |
|
Weighted average number of ordinary shares for diluted earnings per share (x 1,000) |
34,607 |
34,365 |
|
Number of ordinary shares outstanding as at 31 December (x 1,000) |
34,995 |
34,279 |
|
Discontinued operations (EUR) |
||
|
Basic earnings per share for discontinued operations |
- |
0.32 |
|
Diluted earnings per share for discontinued operations |
- |
0.32 |
|
Key figures per share (EUR) |
||
|
Basic earnings per share |
2.61 |
3.34 |
|
Cash earnings per share |
2.96 |
3.66 |
|
Diluted earnings per share |
2.61 |
3.34 |
|
The earnings per share for dividend calculation are based on the net profit for the year attributable to holders of ordinary shares, excluding impairment charges and book result on disposed activities.
|
||