12.Earnings per Share

are calculated according to  33 (Earnings per Share) as the relationship of the Group’s income after income taxes () for the fiscal year to the weighted average number of outstanding no-par voting shares of Covestro AG. Since November 21, 2017, Covestro AG has been acquiring treasury shares as part of a share buy-back program, which was terminated on December 4, 2018. In fiscal 2019, a weighted average number of outstanding no-par voting shares of 182,728,724 was used to calculate earnings per share, while in fiscal 2018, these shares amounted to 192,768,826.

Earnings per share

 

 

 

 

 

 

 

2018

 

2019

 

 

€ million

 

€ million

Income after income taxes

 

1,829

 

557

of which attributable to noncontrolling interest

 

6

 

5

of which attributable to Covestro AG stockholders (net income)

 

1,823

 

552

 

 

 

 

 

 

 

Shares

 

Shares

Weighted average number of outstanding no-par voting shares of Covestro AG

 

192,768,826

 

182,728,724

 

 

 

 

 

 

 

 

Basic earnings per share

 

9.46

 

3.02

Diluted earnings per share

 

9.46

 

3.02

Earnings per share
Net income divided by the weighted average number of outstanding shares in the reporting period
IAS/Accounting Standards
International accounting standards as endorsed by the European Union
Net income
Income after income taxes that is attributable to the stockholders