Samsung 1999 Annual Report Download - page 69

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18. Earnings Per Share:
Earnings per share and diluted earnings per share are calculated as follows:
°§Earnings per share
Thousands of Korean Won
Net income 3,170,402,574
Adjustments: Dividends for preferred stock (58,710,522)
Undeclared participating preferred stock dividend (369,779,549)
Net income available for common stock 2,741,912,503
Weighted average number of shares of common stock 142,702,153
Earnings per share in Korean Won 19,214
°§Diluted earnings per share
Thousands of Korean Won
Net income available for common stock 2,741,912,503
Adjustment: Interest expense on convertible bonds 9,684,081
Net income available for common stock & common equivalent shares 2,751,596,584
Weighted average number of common stock & common equivalent shares 145,986,386
Diluted earnings per share in Korean Won 18,848
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