LensCrafters 2013 Annual Report Download - page 13
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8
Adjusted net income attributable to Luxottica Group stockholders
16
as a percentage of net sales increased to 8.4% in 2013,
from 7.9% in 2012.
A reconciliation of adjusted net income attributable to Luxottica Group stockholders
16
, a non-IFRS measure, to net
income attributable to Luxottica Group stockholders, the most directly comparable IFRS measure, is presented in the table
below.
(Amounts in millions of Euro)
2013
2012
Net income attributable to Luxottica Group stockholders
544.7
534.4
> Adjustment for Alain Mikli reorganization
5.9
-
> Adjustment for the cost of the tax audit relating to Luxottica S.r.l. (fiscal year 2007)
26.7
-
> Adjustment for the accrual for the tax audit relating to Luxottica S.r.l. (fiscal years subsequent to 2007)
40.0
-
> Adjustment for OPSM reorganization
-
15.2
> Adjustment for Italian income tax audit
-
10.0
Adjusted net income attributable to Luxottica Group stockholders
617.3
559.6
Basic earnings per share was Euro 1.15 in 2013 as compared to Euro 1.15 in 2012. Diluted earnings per share was Euro 1.14
in 2013 as compared to Euro 1.14 in 2012. Adjusted basic and diluted earnings
17
per share were Euro 1.31 and Euro 1.30 in
2013. Adjusted basic and diluted earnings
17
per share were Euro 1.20 and Euro 1.19 in 2012..
17
For a further discussion of Adjusted Earnings per Share, see page 29—“Non-IFRS Measures”.