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82<br />

<strong>Hamon</strong> Annual Report 2012<br />

16. Earnings per share<br />

Continued and discontinued operations<br />

The basic earnings per share coming from the continued<br />

and discontinued operations are calculated by dividing<br />

the net result for the year attributable to the equity<br />

holders of the Company by the weighted average<br />

number of ordinary shares in circulation during the<br />

fiscal year:<br />

in EUR ‘000’<br />

2012 2011 2010<br />

Net result (equity holders of the Company)<br />

Weighted average number of ordinary<br />

shares during the year<br />

Basic earnings per share (EUR/share)<br />

(2 525) 2 829 11 631<br />

7 191 472 7 191 472 7 191 472<br />

-0,35 0,39 1,62<br />

The weighted average number of shares is calculated<br />

based on the numbers in note 30.<br />

The basic earnings per share are identical to the diluted<br />

earnings per shares. Indeed, given their strike price,<br />

the stock options granted to Group employees had<br />

no diluting impact as of 31 December 2010, 2011<br />

and 2012 (see note 33).<br />

Continued operations<br />

The basic earnings per share coming from the continued<br />

operations is calculated by dividing the net result coming<br />

from the continued operations of the year attributable<br />

to the equity holders of the Company by the weighted<br />

average number of ordinary shares in circulation during<br />

the fiscal year. The number of shares representing the<br />

share capital did not change during the three last years.<br />

It amounted to 7.191.472 shares.<br />

Discontinued operations<br />

The basic and diluted earnings per share for the<br />

discontinued operations amounted to EUR -0,00 per<br />

share on 31 December 2012 (EUR -0,02 and EUR<br />

-0,00 per share on the 31 December 2011 and 2010),<br />

calculated on the basis of the net result of the discontinued<br />

operations of EUR 0 thousand in 2012 (EUR -88 and<br />

EUR -22 thousand in 2011 and 2010) and of the<br />

denominators detailed above.

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