Annual Report 2023

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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. If negative earnings per share are reported, according to IAS 33.41, no anti-dilutive effect may be taken into account.

Earnings per share

 

 

Continuing operations

 

Discontinued operations

 

Total

 

 

Year ending Dec. 31, 2023

 

Year ending Dec. 31, 2022

 

Year ending Dec. 31, 2023

 

Year ending Dec. 31, 2022

 

Year ending Dec. 31, 2023

 

Year ending Dec. 31, 2022

Net (loss)/ income from continuing operations (€ in millions)

 

(58)

 

254

 

 

 

 

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

 

61

 

26

 

 

 

 

Net (loss)/income attributable to shareholders (€ in millions)

 

(120)

 

228

 

44

 

384

 

(75)

 

612

Weighted average number of shares

 

178,543,596

 

183,263,629

 

178,543,596

 

183,263,629

 

178,543,596

 

183,263,629

Basic earnings per share (€)

 

(0.67)

 

1.25

 

0.25

 

2.09

 

(0.42)

 

3.34

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss)/income attributable to shareholders (€ in millions)

 

(120)

 

228

 

44

 

384

 

(75)

 

612

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

 

(120)

 

228

 

44

 

384

 

(75)

 

612

Weighted average number of shares

 

178,543,596

 

183,263,629

 

178,543,596

 

183,263,629

 

178,543,596

 

183,263,629

Dilutive effect of share-based payments

 

14,019

 

4,458

 

14,019

 

4,458

 

14,019

 

4,458

Weighted average number of shares for diluted earnings per share

 

178,557,615

 

183,268,087

 

178,557,615

 

183,268,087

 

178,557,615

 

183,268,087

Diluted earnings per share (€)

 

(0.67)

 

1.25

 

0.25

 

2.09

 

(0.42)

 

3.34