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ABOUT UNILEVER GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION
105Unilever Annual Report and Accounts 2012 Financial statements
7 ombned earnngs per share
7 ombned earnngs per share
The calculations of combined earnings per share are based on the net profit attributable to ordinary share capital divided by the
average number of share units representing the combined ordinary share capital of NV and PLC in issue during the year, after
deducting shares held as treasury stock.
The calculations of diluted earnings per share and core earnings per share (Core EPS) are based on: (i) conversion into PLC ordinary
shares of those shares in a group company which are convertible in the year 2038, as described in Corporate Governance report on
page 51; and (ii) the effect of share-based compensation plans, details of which are set out in note 4C on pages 101 to 102.
ombned earnngs per share
2012
€
2011
€
2010
Basic earnings per share 158 1.51 1.51
Diluted earnings per share 154 1.46 1.46
Core EPS 157 1.41 1.36
Millions of share units
alculaton of average number of share unts 2012 2011 2010
Average number of shares: NV 1,7147 1,714.7 1,714.7
PLC 1,3102 1,310.2 1,310.2
Less shares held by employee share trusts and companies (1961) (209.0) (212.6)
Combined average number of share units 2,8288 2,815.9 2,812.3
Add shares issuable in 2038 709 70.9 70.9
Add dilutive effect of share-based compensation plans 162 21.3 21.9
Diluted combined average number of share units 2,9159 2,908.1 2,905.1
alculaton of earnngs
 mllon
2012
€ million
2011
€ million
2010
Net profit 4,948 4,623 4,598
Non-controlling interests (468) (371) (354)
Net profit attributable to shareholders’ equity 4,480 4,252 4,244
alculaton of core earnngs
 mllon
2012
€ million
2011
€ million
2010
Net profit attributable to shareholders’ equity 4,480 4,252 4,244
Post tax impact of non-core items 387 (138) (296)
Core profit attributable to shareholders’ equity 4,567 4,114 3,948
8 Dvdends on ordnary captal
8 Dvdends on ordnary captal
Dividends are recognised on the date that the shareholder’s right to receive payment is established. This is generally the date
when the dividend is declared.
Dvdends on ordnary captal durng the year
 mllon
2012
€ million
2011
€ million
2010
NV dividends (1,482) (1,368) (1,270)
PLC dividends (1,214) (1,119) (1,039)
(2,696) (2,487) (2,309)
Four quarterly interim dividends were declared and paid during 2012 totalling €0.95 (2011: €0.88) per NV ordinary share and £0.77
(2011: £0.77) per PLC ordinary share.
Quarterly dividends of €0.2430 per NV ordinary share and £0.2039 per PLC ordinary share were declared on 23 January 2013,
to be payable in March 2013. See note 25 ‘Events after the balance sheet date’ on page 129. Total dividends declared in relation to 2012
were €0.97 (2011: €0.90) per NV ordinary share and £0.79 (2011: £0.78) per PLC ordinary share.