35 » Earnings per Share

Basic earnings per share are calculated by dividing the net income from continuing operations attributable to shareholders by the weighted average number of shares outstanding during the year, excluding ordinary shares purchased by adidas and held as treasury shares.

Earnings per share

 

 

Continuing operations

 

Discontinued operations

 

Total

 

 

Year ending Dec. 31, 2021

 

Year ending Dec. 31, 2020

 

Year ending Dec. 31, 2021

 

Year ending Dec. 31, 2020

 

Year ending Dec. 31, 2021

 

Year ending Dec. 31, 2020

Net income from continuing operations (€ in millions)

 

1,492

 

461

 

 

 

 

Net income attributable to non-controlling interests (€ in millions)

 

42

 

11

 

 

 

 

Net income attributable to shareholders (€ in millions)

 

1,450

 

451

 

666

 

(19)

 

2,116

 

432

Weighted average number of shares

 

194,172,984

 

195,155,924

 

194,172,984

 

195,155,924

 

194,172,984

 

195,155,924

Basic earnings per share (€)

 

7.47

 

2.31

 

3.43

 

(0.10)

 

10.90

 

2.21

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to shareholders (€ in millions)

 

1,450

 

451

 

666

 

(19)

 

2,116

 

432

Interest expense on convertible bond, net of taxes (€ in millions)

 

 

 

 

 

 

Net income used to determine diluted earnings per share (€ in millions)

 

1,450

 

451

 

666

 

(19)

 

2,116

 

432

Weighted average number of shares

 

194,172,984

 

195,155,924

 

194,172,984

 

195,155,924

 

194,172,984

 

195,155,924

Weighted assumed conversion of the convertible bond

 

 

 

 

 

 

Dilutive effect of share-based payments

 

5,097

 

5,805

 

5,097

 

5,805

 

5,097

 

5,805

Weighted average number of shares for diluted earnings per share

 

194,178,081

 

195,161,729

 

194,178,081

 

195,161,729

 

194,178,081

 

195,161,729

Diluted earnings per share (€)

 

7.47

 

2.31

 

3.43

 

(0.10)

 

10.90

 

2.21

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