v2.3.0.11
Note 12 - Earnings per Share
 12 Months Ended
Dec. 31, 2011
Disclosure - Note 12 - Earnings per Share  
Disclosure of earnings per share
(12) Earnings per Share
Restricted shares (the bonus shares in the Share Matching Plan as discussed in Note (28) below) granted to employees under our share-based compensation programs are included in the diluted earnings per share calculations to the extent they have a dilutive effect.
 
Earnings per share for the years ended December 31 was calculated as follows:
 
Earnings per Share
 
 
€ millions, unless otherwise stated
2011
2010
2009
Profit attributable to owners of parent
3,438
1,811
1,748
Issued ordinary shares
1,227
1,226
1,226
Effect of treasury shares
-38
-38
-38
Weighted average shares - basic (1)
1,189
1,188
1,188
Dilutive effect of share-based payment plans (1)
1
1
1
Weighted average shares - diluted (1)
1,190
1,189
1,189
 
 
 
 
Basic earnings per share, in €, attributable to owners of parent
2.89
1.52
1.47
Diluted earnings per share, in €, attributable to owners of parent
2.89
1.52
1.47
 
 
 (1) Number of shares in millions