14.Earnings per Share
Earnings per share are calculated according to IAS 33 (Earnings per Share) as the relationship of the Group’s income after income taxes (net income) for the fiscal year to the weighted average number of outstanding no-par voting shares of Covestro AG. A total of 10,200,000 new, no-par value bearer shares were issued by way of a resolution dated October 13, 2020. In fiscal 2020, a weighted average number of outstanding no-par voting shares of 184,912,207 was used to calculate earnings per share, while in fiscal 2019, these shares amounted to 182,728,724.
|
|
|
|
|
|
|
2019 |
|
2020 |
|---|---|---|---|---|
|
|
€ million |
|
€ million |
Income after income taxes |
|
557 |
|
454 |
of which attributable to noncontrolling interest |
|
5 |
|
–5 |
of which attributable to Covestro AG stockholders (net income) |
|
552 |
|
459 |
|
|
|
|
|
|
|
Shares |
|
Shares |
Weighted average number of outstanding no-par voting shares of Covestro AG |
|
182,728,724 |
|
184,912,207 |
|
|
|
|
|
|
|
€ |
|
€ |
Basic earnings per share |
|
3.02 |
|
2.48 |
Diluted earnings per share |
|
3.02 |
|
2.48 |