GECINA - REFERENCE DOCUMENT 2017
CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements
Earnings per share 3.5.6.14
issued when the issue conditions are met and the dilutive effect of the benefits granted to employees through the allocation of stock options and performance shares. In accordance with IAS 33 "Earnings per share", the average weighted number of shares outstanding and the amounts per share for the previous financial period were restated retroactively to take the new shares created over the financial period into account.
Earnings per share are calculated by dividing net income attributable to shareholders by the weighted average number of ordinary shares in circulation during the year. Diluted earnings per share are calculated by dividing net income for the year attributable to shareholders by the average weighted number of shares outstanding during the year, adjusted for the impact of equity instruments to be
12/31/2016
12/31/2017 1,895,562 66,783,047
Net income linked to owners of the parent (in €’000) Weighted average number of shares before dilution
813,473
62,959,735
UNDILUTED EARNINGS PER SHARE, LINKED TO OWNERS OF THE PARENT (IN €)
28.38
12.58*
Earnings per share, after effect of dilutive securities, linked to owners of the parent (in €’000) Weighted average number of shares after dilution
03
1,895,690 67,044,106
813,853
63,300,123
DILUTED EARNINGS PER SHARE, LINKED TO OWNERS OF THE PARENT (IN €) 12.52* Post adjustment of preferential subscription rights distribution linked to the share capital increase of August 2017 (adjustment factor of 0.97391), * according to IAS 33 28.28
12/31/2016
12/31/2017
Net income linked to owners of the parent before dilution (in €’000) Impact of dilution on net income (shares allocation effect) NET INCOME LINKED TO OWNERS OF THE PARENT, AFTER EFFECT OF DILUTIVE SECURITIES (IN €’000) Weighted average number of shares before dilution Impact of dilution on weighted number of shares WEIGHTED AVERAGE NUMBER OF SHARES AFTER DILUTION
1,895,562
813,472
128
381
1,895,690 66,783,047
813,853
62,959,735
261,059
340,388
67,044,106
63,300,123
3.5.7
NOTES TO THE STATEMENT OF CONSOLIDATED CASH FLOWS
Change in value and costs paid on the repurchased bonds
3.5.7.1
Note
12/31/2016
12/31/2017 (1,555,772)
In €’000
Change in value of properties
3.5.5.1.1
(532,963)
Change in value of financial instruments and debt Premium and costs paid on repurchased bonds CHANGE IN VALUE AND COSTS PAID ON THE REPURCHASED BONDS
3.2 3.2
(12,734) 23,800
26,126 64,230
(1,544,706)
(442,607)
97
GECINA - REFERENCE DOCUMENT 2017
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