DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD. AND ...

Doosan Heavy Industries & Construction Co., Ltd. and SubsidiariesNotes to the Consolidated Financial StatementsFor the years ended December 31, 2012 and 201132. Earnings Per Share, Continued(*2) Weighted average number of ordinary shares(In number of shares) 2012 2011Issued common shares at Jan. 1 89,030,962 89,834,488Effect of stock options exercised 5,023 19,657Effect of treasury stocks held - (134,658)Weighted average number of common shares outstanding at Dec. 31 89,035,985 89,719,487(2) Diluted earnings per share for the years ended December 31, 2012 and 2011 were as follows:(i) Diluted earnings per share of continuing operation(In won, except share information) 2012 2011Adjusted profit for the year ₩ 38,044,983,957 752,042,574,985Weighted-average number of common shares outstandingand common equivalent shares (*1)89,043,564 89,734,119Diluted earnings per share ₩ 427 8,381(ii) Diluted earnings per share of owners of the Controlling Company(In won, except share information) 2012 2011Adjusted net income ₩ 38,044,983,957 274,781,302,404Weighted-average number of common shares outstandingand common equivalent shares (*1)89,043,564 89,734,119Diluted earnings per share ₩ 427 3,062(*1) Weighted average number of ordinary shares(In number of shares) 2012 2011Weighted average number of ordinary shares (basic) 89,035,985 89,719,487Effect of stock options 7,579 14,632Weighted average number of ordinary shares (diluted) onDecember 3189,043,564 89,734,119As of December 31, 2012, the following instruments were outstanding and could potentially become dilutivein the future.(In number of shares) 2012 2011Stock option (March 21, 2008) 47,800 65,100Stock option (March 27, 2009) 39,700 39,700Stock option (March 26, 2010) 74,900 82,100Stock option (March 25, 2011) 125,500 132,200Stock option (March 30, 2012) 275,200 -563,100 319,10076