102 / 158
EARNINGS PER SHARE
23.5
Earnings per share are determined based on the calculation below.
2016
2015
Earnings per share
Net group profit/loss (-) attributable to shareholders in thousands of EUR
- 563,730
440,178
Average number of shares
128,204,536
124,181,528
Earnings per share
EUR -4.40
EUR 3.54
Earnings per share, before impairment losses
Net group profit/loss (-) attributable to shareholders in thousands of EUR
- 563,730
Impairment losses in thousands of EUR, after tax
840,127
Net group profit/loss (-) attributable to shareholders in thousands of EUR excluding impairment
losses
276,397
Average number of shares
128,204,536
Earnings per share, excluding impairment losses
EUR 2.16
Diluted earnings per share
Average number of shares including dilution effects
128,204,536
124,181,528
Diluted earnings per share
EUR -4.40
EUR 3.54
The weighted average number of ordinary shares during the financial year is calculated as follows:
(in number of shares)
2016
2015
Ordinary shares issued (entitled to dividend) as at 1 January
125,627,062
122,308,697
Weighted effect of new ordinary shares issued due to optional dividend
2,577,474
1,517,764
Weighted effect on purchased own ordinary shares reissued due to optional dividend
-
355,067
Weighted average number of ordinary shares during the financial year
128,204,536
124,181,528
OTHER RESERVES
23.6
Movement in other reserves:
Legal reserves
HEDGING
RESERVE
REVALUATION
RESERVE
CURRENCY
TRANSLATION
RESERVE
OTHER LEGAL
RESERVES OTHER RESERVES
TOTAL OTHER
RESERVES
Note
[23.6.1]
[23.6.2]
[23.6.3]
[23.6.4]
[23.6.5]
Balance as at 1 January 2016
- 15,207
45,619
314,683
320,889
- 44,209
621,775
Defined benefit plan actuarial gains/losses (-)
and asset limitation, after income tax
-
-
-
-
- 3,440
- 3,440
Foreign currency translation differences for
foreign operations, after income tax
-
-
25,433
-
-
25,433
Currency translation differences from joint
ventures and associated companies, after tax
-
-
- 1,818
-
-
- 1,818
Effective cash flow hedges, after income tax
11,227
-
-
-
-
11,227
Change in fair value of cash flow hedges from
joint ventures and associated companies, after
tax
75
-
-
-
-
75
Reclassification relating to settlement of pension
plans
-
-
-
-
39,763
39,763
Reclassification of revaluation related to gains
on business combinations and gains on joint
ventures
-
56,839
-
-
-
56,839
Reclassification of foreign currency differences
and hedge reserve to statement of profit or loss
-
-
720
-
-
720
Actuarial gains/losses (-) and asset limitation on
defined benefit pension plans of associated
companies
-
-
-
-
- 6,202
- 6,202
Movement in legal reserve
-
-
-
- 106,550
-
- 106,550
Total movement
11,302
56,839
24,335
- 106,550
30,121
16,047
Balance as at 31 December 2016
- 3,905
102,458
339,018
214,339
- 14,088
637,822
102
ANNUAL REPORT 2016 – BOSKALIS
FINANCIAL STATEMENTS 2016