10 – Earnings per share

 

 

 

1st Quarter

 

 

 

2016

2015

Net income

 

million €

1,387

1,174

Number of outstanding shares (weighted average)

 

thousands

918,479

918,479

Earnings per share

 

1.51

1.28

The calculation of earnings per share is based on the weighted average number of common shares outstanding. The calculation of diluted earnings per common share reflects all possible outstanding common shares and the resulting effect on income of the BASF employee incentive share program “plus.”

In the first quarter of 2016, and in the corresponding period of 2015, there was no dilutive effect; basic earnings per share were the same as the diluted value per share.