Chrysler 2015 Annual Report Download - page 176

176 2015 | ANNUAL REPORT
Consolidated
Financial Statements
Notes to the Consolidated
Financial Statements
8. Other information by nature
Personnel costs for the Group, including Ferrari, for the years ended December 31, 2015, 2014 and 2013 amounted
to €11,870 million, €10,099 million and €9,471 million, respectively, which included costs that were capitalized mainly
in connection with product development activities.
For the year ended December 31, 2015, FCA, including Ferrari, had an average number of employees of 236,559
(231,613 employees in 2014 and 223,658 employees in 2013).
9. Earnings per share
Basic earnings per share
The basic earnings per share for the years ended December 31, 2015, 2014 and 2013 was determined by dividing
the Net profit attributable to the equity holders of the parent by the weighted average number of shares outstanding
during the periods. In addition, for the years ended December 31, 2015 and 2014, the weighted average number of
shares outstanding included the minimum number of ordinary shares to be converted as a result of the issuance of the
mandatory convertible securities (Note 19).
The following table provides the amounts used in the calculation of basic earnings per share for the years ended
December31, 2015, 2014 and 2013:
For the Years Ended December 31,
2015 2014 2013
Net profit attributable to owners of the parent € million 334 568 904
Weighted average number of shares outstanding thousand 1,510,555 1,222,346 1,215,921
Basic earnings per ordinary share €0.221 0.465 0.744
For the Years Ended December 31,
2015 2014 2013
Net profit from continuing operations attributable to owners
of the parent € million 83 327 690
Weighted average number of shares outstanding thousand 1,510,555 1,222,346 1,215,921
Basic earnings per ordinary share from continuing
operations €0.055 0.268 0.568
For the Years Ended December 31,
2015 2014 2013
Net profit from discontinued operations attributable to
owners of the parent € million 251 241 214
Weighted average number of shares outstanding thousand 1,510,555 1,222,346 1,215,921
Basic earnings per ordinary share from discontinued
operations €0.166 0.197 0.176
Diluted earnings per share
In order to calculate the diluted earnings per share, the weighted average number of shares outstanding has been
increased to take into consideration the theoretical effect of the potential common shares that would be issued for
the restricted and performance share units outstanding and unvested at December 31, 2015 (Note 20) as determined
using the treasury stock method. For the years ended December 31, 2014 and 2013, the weighted average number
of shares outstanding was increased to take into consideration the theoretical effect that would arise if all the share-
based payment plans were exercised.