ING Direct 2008 Annual Report Download - page 174

2.1 Consolidated annual accounts
The potential conversion of the non-voting equity securities has an antidilutive effect on the earnings per share calculation (the diluted
earnings per share becoming less negative than the basic earnings per share). Therefore, the potential conversion is not taken into
account in determining the weighted average number of shares for the calculation of diluted earnings per share.
48 DIVIDEND PER ORDINARY SHARE
Dividend per ordinary share
2008 (1) 2007 2006
Per ordinary share (in euros) 0.74 1.48 1.32
Per non-voting equity security (in euros) (2) 0.425
Total amount of dividend declared (in millions of euros) 1,500 3,180 2,865
(1) The Executive Board, with the approval of the Supervisory Board, has proposed, subject to the ratification by the General Meeting of Shareholders, a cash
dividend of EUR 0.74 per share for the year 2008. In August 2008, an interim dividend of EUR 0.74 per ordinary share of EUR 0.24 was made payable.
(2) Dividend is payable per non-voting equity security of EUR 0.425. This amount is payable on 12 May 2009 provided that ING Group’s capital adequacy position
is and remains satisfactory both before and after payment in the opinion of the Dutch central bank. The full amount of EUR 425 million is recognised as a
liability as at 31 December 2008.
Notes to the consolidated profit and loss account of ING Group (continued)
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