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 2023, a weighted average number of outstanding no-par voting shares of 189,262,192 was used to calculate earnings per share, while in fiscal 2022, these shares amounted to 190,933,438.
|
|
|
|
|
|
|
2022 |
|
2023 |
|---|---|---|---|---|
|
|
€ million |
|
€ million |
Income after income taxes |
|
(281) |
|
(202) |
attributable to noncontrolling interest |
|
(9) |
|
(4) |
attributable to Covestro AG shareholders (net income) |
|
(272) |
|
(198) |
|
|
|
|
|
|
|
Shares |
|
Shares |
Weighted average number of outstanding no-par voting shares of Covestro AG |
|
190,933,438 |
|
189,262,192 |
|
|
|
|
|
|
|
€ |
|
€ |
Basic/Diluted earnings per share |
|
–1.42 |
|
–1.05 |