Chrysler 2010 Annual Report Download - page 187

FIAT GROUP
CONSOLIDATED
FINANCIAL
STATEMENTS
AT 31 DECEMBER
2010
NOTES
186
The following tables show the same amounts used in the determination of the earnings per share for Continuing Operations and Discontinued Operations.
These figures have been calculated by taking into account the dividend rights established for Fiat S.p.A. and Fiat Industrial S.p.A. shares post-Demerger.
2010 2009
Ordinary Preference Savings Ordinary Preference Savings
shares shares shares Total shares shares shares Total
Profit/(loss) from Continuing Operations
attributable to owners of the parent € million 179 (374)
Preferred dividends attributable for the period € million - 23 17 40 - - - -
Profit/(loss) equally attributable to ordinary
and savings shares € million 137 - 2 139 - - - -
Profit/(loss) attributable to all classes of shares € million - - - - (319) (31) (24) (374)
Profit/(loss) attributable
to each class of shares € million 137 23 19 179 (319) (31) (24) (374)
Weighted average number
of shares outstanding thousand 1,053,679 103,292 79,913 1,236,884 1,053,679 103,292 79,913 1,236,884
Basic Earnings/(loss)
per share – Continuing Operations € 0.130 0.217 0.239 (0.302) (0.302) (0.302)
Profit/(loss) from Discontinued Operations
attributable to owners of the parent € million 341 (464)
Preferred dividends attributable for the period € million - 10 8 18 - - - -
Profit/(loss) equally attributable
to all classes of shares € million 287 18 18 323 (397) (38) (29) (464)
Profit/(loss) attributable
to each class of shares € million 287 28 26 341 (397) (38) (29) (464)
Weighted average number
of shares outstanding thousand 1,053,679 103,292 79,913 1,236,884 1,053,679 103,292 79,913 1,236,884
Basic Earnings/(loss)
per share – Discontinued Operations € 0.273 0.273 0.319 (0.375) (0.375) (0.375)
For the purpose of calculating the diluted earnings per share for the two years presented, the number of ordinary shares considered is the average number of
shares outstanding plus “dilutive potential” ordinary shares arising from shares that would be issued on the exercise of all stock option plans or other similar.
In 2009, stock option and stock grant plans based on Fiat S.p.A. ordinary shares were not taken into consideration in the calculation of diluted earnings
per share as they would have had an antidilutive effect. In 2010 no dilutive effects arose from the stock option plans granted by Fiat S.p.A. on its ordinary
shares having an exercise price of over €10.25 per share (the average price of Fiat ordinary shares in 2010). Finally, for both years the theoretical effect that
would arise if the stock options granted by the Group’s subsidiaries on their equity instruments were to be exercised was not considered because it was
antidilutive or nil.