Annual Report 2008
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Earnings per share

Auditor report 		Notes
Previous - US GAAP financial statements: Significant accounting policies Next - IFRS financial statements: Introduction

The earnings per share (EPS) data have been calculated as follows:

 
 
2006
2007
 
2008
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
Income (loss) from continuing operations
 
899
 
4,593
 
(178)
Income (loss) from discontinued operations
 
4,482
 
(433)
 
(8)
Net income (loss) attributable to holders of common shares
 
5,381
 
4,160
 
(186)
 
 
 
 
 
 
 
Weighted average number of shares
 
1,174,924,579
 
1,086,128,418
 
991,420,017
Plus incremental shares from assumed conversions of:
 
 
 
 
 
 
Options and restricted share rights
6,817,690
 
10,203,409
 
6,099,113
 
Convertible debentures
1,042,061
 
1,103,117
 
200,904
 
Dilutive potential common shares
 
7,859,751
 
11,306,526
 
6,300,017
Adjusted weighted average number of shares
 
1,182,784,330
 
1,097,434,944
 
997,720,034
 
 
 
 
 
 
 
Basic earnings per share in euros
 
 
 
 
 
 
Income (loss) from continuing operations
 
0.77
 
4.23
 
(0.18)
Income (loss) from discontinued operations
 
3.81
 
(0.40)
 
(0.01)
Net income (loss)
 
4.58
 
3.83
 
(0.19)
 
 
 
 
 
 
 
Diluted earnings per share in euros
 
 
 
 
 
 
Income (loss) from continuing operations
 
0.76
 
4.19
 
(0.18) 1)
Income (loss) from discontinued operations
 
3.79
 
(0.40)
 
(0.01) 1)
Net income (loss)
 
4.55
 
3.79
 
(0.19) 1)
 
1) In 2008, the incremental shares from assumed conversion are not taken into account as the effect would be antidilutive.
In 2008, 2007 and 2006, respectively 48 million, 27 million and 19 million securities that could potentially dilute basic EPS were not included in the computation of dilutive EPS because the effect would have been antidilutive for the periods presented.
Previous - US GAAP financial statements: Significant accounting policies Next - IFRS financial statements: Introduction
  • EPS
    Basic EPS is calculated by dividing the profit or loss attributable to common shareholders of the Company by the weighted average number of common shares outstanding after deduction during the period.
  • EPS
    Diluted EPS is determined by adjusting the profit or loss attributable to common shareholders and the weighted average number of common shares outstanding (Treasury stock) for the effects of all potential dilutive common shares, which comprise convertible personnel debentures, restricted shares and share options granted to employees.
This is an interactive electronic version of the Philips Annual Report 2008 and also contains certain information in summarized form. The contents of this version are qualified in their entirety by reference to the printed version of the Philips Annual Report 2008. The printed version is available as a PDF file on this website. Information about: forward-looking statements, third-party market share data, fair value information, US GAAP basis of presentation, use of non-US GAAP information, statutory financial statements and management report, revision and reclassifications and analysis of 2007 compared to 2006.
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155
Notes to the US GAAP financial statements
Notes to the IFRS financial statements
Notes to the Company financial statements
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