Daimler Annual Report 2011 - Alle jaarverslagen

34. Earnings per share
7.89
Earnings per share
In millions of euros
2011 2010
Profit attributable to shareholders
of Daimler AG – basic 5,667 4,498
Diluting effects in net profit – –
Profit attributable to shareholders
of Daimler AG – diluted 5,667 4,498
In millions of shares
Weighted average number
of shares outstanding – basic 1,066.0 1,050.8
Dilutive effect of stock options 1.1 0.7
Weighted average number of shares
outstanding – diluted 1,067.1 1,051.5
The computation of basic and diluted earnings per share
for net profit attributable to shareholders of Daimler AG
is included in table 7.89.
The computations of diluted earnings per share for 2011
and 2010 do not include stock options for the acquisition
of 1.4 million and 9.3 million Daimler ordinary shares,
respectively, that were issued in connection with the stock
option plan, because the options’ underlying exercise
prices were higher than the average market prices of Daimler
ordinary shares in those periods.
35. Related party relationships
Associated companies and joint ventures. Most of the
goods and services supplied within the ordinary course
of business between the Group and related parties comprise
transactions with associated companies and joint ventures
and are included in table 7.90.
A large proportion of the sales and purchases of goods and
services with associated companies results from business
relations with Engine Holding GmbH (Engine Holding) and/or
Tognum AG (Tognum), which is meanwhile owned by Engine
Holding. Tognum purchases engines, parts and services from the
Group. Daimler AG and Rolls-Royce Holdings plc (Rolls-Royce)
made a voluntary public tender offer for Tognum through Engine
Holding, a related company, on April 6, 2011. Following the
complete granting of all relevant regulatory approvals, the takeover
was completed in September 2011. In this context,
Daimler has committed to provide Engine Holding with additional
cash up to a limit of €0.2 billion to support the contribution
by Rolls-Royce to Engine Holding of the medium-speed reciprocating-engine
business which trades under the Bergen brand.
This capital contribution was made in January 2012. See Note 13
for further information on the public tender offer and on other
transactions with Engine Holding.
7.90
Transactions with associated companies and joint ventures
In millions of euros
Sales of goods
and services
and other income
Purchases of goods
and services
and other expense Receivables Payables
At December 31, At December 31,
2011 2010 2011 2010 2011 2010 2011 2010
Associated companies 789 797 197 163 239 218 46 55
Joint ventures 2,825 2,251 418 342 526 457 24 154
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