7.Earnings per Share
Earnings per share are calculated according to IAS 33 (Earnings per Share) by dividing net income for the reporting period by the weighted average number of outstanding no-par voting shares of Covestro AG. In the first half of 2020, a weighted average number of outstanding no-par voting shares of 182,864,685 was used to calculate earnings per share, while in the first half of 2019, these shares amounted to 182,704,602. There were no dilution effects to consider.
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1st half 2019 |
1st half 2020 |
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€ million |
€ million |
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Income after income taxes |
370 |
(32) |
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of which attributable to noncontrolling interest |
2 |
– |
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of which attributable to Covestro AG shareholders (net income) |
368 |
(32) |
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Shares |
Shares |
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Weighted average number of no-par voting shares of Covestro AG |
182,704,602 |
182,864,685 |
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€ |
€ |
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Basic earnings per share |
2.01 |
(0.17) |
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Diluted earnings per share |
2.01 |
(0.17) |