12.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. In fiscal 2021, a weighted average number of outstanding no-par voting shares of 193,165,396 was used to calculate earnings per share, while in fiscal 2020, these shares amounted to 184,912,207. A total of 10,200,000 new, no-par value bearer shares were issued in 2020 by way of a resolution dated October 13, 2020.
|
|
|
|
|
|
|
2020 |
|
2021 |
---|---|---|---|---|
|
|
€ million |
|
€ million |
Income after income taxes |
|
454 |
|
1,619 |
of which attributable to noncontrolling interest |
|
(5) |
|
3 |
of which attributable to Covestro AG shareholders (net income) |
|
459 |
|
1,616 |
|
|
|
|
|
|
|
Shares |
|
Shares |
Weighted average number of outstanding no-par voting shares of Covestro AG |
|
184,912,207 |
|
193,165,396 |
|
|
|
|
|
|
|
€ |
|
€ |
Basic earnings per share |
|
2.48 |
|
8.37 |
Diluted earnings per share |
|
2.48 |
|
8.37 |