20 – Earnings per share

Net result per ordinary share
The calculation of earnings per share as at 31 December 2008 is based on the net result for the period which is attributable to the shareholders, amounting to -€ 239.6 million (2007: € 801.5 million), and the weighted average number of shares in issue during the year ended 31 December 2008, 66,253,702 (2007: 66,253,702), calculated as follows:

Net result attributable to shareholders

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(€ million) 2008 2007
Net result attributable to shareholders -239.6 801.5
Net result from continuing operations -252.1 728.7

The earnings per share are not subject to any potential dilutive effects.

Weighted average number of shares

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2008 2007
Shares in issue as at 1 January 67,252,184 67,252,184
Effect of own shares held -998,482 -998,482
Weighted average number of ordinary shares as at 31 December 66,253,702 66,253,702

Source: Annual Report 2008, Chapter Financial Statements, page 169 (PDF, 179 kB)

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