Loreal 2011 Annual Report Download - page 111

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109REGISTRATION DOCUMENT L’ORÉAL 2011
2011 Consolidated Financial Statements
4
Notes to the consolidated  nancial statements
NOTE10
Net profit attributable to owners ofthec ompany
excluding non-recurring items – Earnings per share
10.1. Reconciliation with net profit
Net profit attributable to owners of the c ompany excluding non-recurring items reconciles as follows with net profit attributable to
owners of the c ompany:
€ millions
2011 2010 2009
Net profit attributable to owners of the c ompany 2,438.4 2,239.7 1,792.2
Capital gains and losses on property, plant and equipment and
intangible asset -1.7 -0.3 0.9
Impairment of property, plant and equipment and intangible assets 69.9 56.4 53.8
Restructuring costs 39.9 17.9 222.9
Other -11.8 79.2 -
Tax effect on non-recurring items -33.0 -22.0 -73.1
Effect of changes in tax rates on the deferred tax liability
arising on the remeasurement of Sanofi 62.0 - -
Tax effect on the acquisition of Pacific Bioscience Laboratories Inc. 19.2 - -
Net profit attributable to owners of the c ompany excluding
non-recurring items 2,582.9 2,370.9 1,996.7
10.2. Earnings per share
The tables below set out earnings per share attributable to owners of the c ompany:
2011
Net profit attributable to
owners of the c ompany
(€ millions) Number of shares
Earnings per share
attributable to owners
of the c ompany
(€)
Earnings per share 2,438.4 592,763,295 4.11
Stock options - 4,247,654
Free shares - 622,154
Diluted earnings per share 2,438.4 597,633,103 4.08
2010
Net profit attributable to
owners of the c ompany
(€ millions) Number of shares
Earnings per share
attributable to owners
of the c ompany
(€)
Earnings per share 2,239.7 586,582,918 3.82
Stock options - 4,538,021
Free shares - 271,510
Diluted earnings per share 2,239.7 591,392,449 3.79
2009
Net profit attributable to
owners of the c ompany
(€ millions) Number of shares
Earnings per share
attributable to owners
of the c ompany
(€)
Earnings per share 1,792.2 583,388,024 3.07
Stock options - 320,338
Free shares - 89,204
Diluted earnings per share 1,792.2 583,797,566 3.07