Annual Report 2010 - CMVM

Notes to the Consolidated Financial Statements as at 31 December 201016 - EARNINGS PER SHAREThe earnings per share for the year ended on 31 December 2010 and for the period between 30 November 2009 (date of constitution) and 31 December 2009 werecalculated in consideration of the following amounts:2010 2009Profit or loss for the effect of calculating net earnings per basic share (profit or loss for the year) 46,392 (11)The weighted average number of shares for the effect of calculating net earnings per basic share (thousand) 350,394 144,940Net earnings per basic share 0.13 (0.00)Since for the financial year ended on 31 December 2010 and for the period between 30 November 2009 (date of constitution) and 31 December 2009 there were no dilution effects of the earningsper share, the diluted earnings per share are the same as the basic earnings per share.17 - DIVIDENDSThe General Meeting of Shareholders, held on 27 May 2010, deliberated the distribution of dividends in the amount of 1 Euro cent per share. These dividends were deliberatedand distributed considering the individual financial statements of the Company as at 31 December 2009 and amounted to EUR 4,064 thousand.Regarding the year ended on 31 December 2010, the Board of Directors proposes a dividend of EUR 0.015 per share, subject to approval at the General Meeting of Shareholdersto be held on 20 May 2011.18 - GOODWILLDuring the year ended 31 December 2010, the changes in the values of goodwill determined on the acquisition of subsidiaries and jointly controlled companies, as well asin the related impairment losses were as follows:2010Gross assets:Opening balance 59,654Currency conversion adjustments 20Acquisitions 177Transfers (374)Closing balance 59,477Accumulated impairment losses (1,570)Net assets: 57,907The values of goodwill as at 31 de December de 2010 and 2009 refer to the following entities:Subsidiary Operating segment 2010 2009EPOS - Empresa Portuguesa de Obras Subterrâneas, S.A. Construction 12,107 12,107CEMENT Limited Liability Company Cement, concrete and aggregates 23,761 23,761C+PA - Cimento e Produtos Associados, S.A. Cement, concrete and aggregates 7,806 7,806Karibib Portland Cement (PTY) Cement, concrete and aggregates 5,833 5,833Bonaparte - Imóveis Comerciais e Participações, S.A. Real estate 1,979 1,979TDSP - Bela Vista Emprrendimentos Imobiliários, SPE, Ltda. Real estate 46 41Digal - Distribuição e Comércio, S.A. Energy 6,163 5,986PETROSÓRIO - Combustiveis e Lubrificantes, Lda. Energy - 374Auto Competição Angola, Lda. Automobile 212 19757,907 58,084176