Engineering
Engineering
Engineering
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3.6 Consolidated financial statements Notes to the consolidated financial statements<br />
32 Earnings per share<br />
Basic earnings per share is calculated as follows:<br />
Consolidated financial statements<br />
196 | 197<br />
Year ended Sept. 30, 2010 Year ended Sept. 30, 2011<br />
Total amount<br />
in million €<br />
Earnings per<br />
share in €<br />
Total amount<br />
in million €<br />
Earnings per<br />
share in €<br />
Income/(loss) from continuing operations (net of tax) (attributable to ThyssenKrupp AG's stockholders) 916 1.97 (462) (0.97)<br />
Income/(loss) from discontinued operations (net of tax) (attributable to ThyssenKrupp AG's stockholders) (92) (0.20) (829) (1.74)<br />
Net income/(loss) (attributable to ThyssenKrupp AG's stockholders) 824 1.77 (1,291) (2.71)<br />
Weighted average shares 463,983,893 476,241,215<br />
Relevant number of common shares for the determination of<br />
earnings per share<br />
Earnings per share have been calculated by dividing net income/(loss)<br />
attributable to common stockholders of ThyssenKrupp AG (numerator)<br />
by the weighted average number of common shares outstanding<br />
(denominator) during the period. Shares sold during the period and<br />
shares reacquired during the period have been weighted for the<br />
portion of the period that they were outstanding.<br />
In fiscal year 2009/2010 the weighted average number outstanding<br />
shares was increased by the sale of treasury shares in December 2009<br />
and March 2010 in the context of the Group’s Share Purchase Program<br />
as well as by the sale of treasury shares in May 2010 in the context of<br />
the employee share purchase program. In fiscal year 2010/2011 the<br />
weighted average number of outstanding shares was increased by the<br />
sale of treasury shares in February 2011 in the context of the Group’s<br />
share purchase program, by the sale of treasury shares in May 2011 in<br />
the context of the employee share purchase and by the sale of treasury<br />
shares in the accelerated bookbuilding process to mainly institutional<br />
investors in July 2011.<br />
There were no dilutive securities in the periods presented.<br />
33 Additional disclosures on the consolidated statement of<br />
income<br />
Personnel expenses included in the consolidated statement of income<br />
are comprised of:<br />
million €<br />
Year ended<br />
Sept. 30,<br />
2010<br />
Year ended<br />
Sept. 30,<br />
2011<br />
Wages and salaries 6,812 7,045<br />
Social security taxes 1,308 1,352<br />
Net periodic pension costs - defined benefit* 108 171<br />
Net periodic pension costs - defined contribution<br />
Net periodic postretirement benefit cost other than<br />
119 111<br />
pensions* (20) (93)<br />
Other expenses for pensions and retirements 38 (19)<br />
Related fringe benefits 407 447<br />
Total 8,772 9,014<br />
* Excluding expected return on plan assets and interest cost which are<br />
recognzied as part of interest income/expense