10 – Earnings per share

 

 

 

1st Half

 

 

 

2017

2016

Net income

 

million €

3,205

2,479

Number of outstanding shares (weighted average)

 

in thousands

918,479

918,479

Earnings per share

 

3.49

2.70

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 half of 2017, and in the corresponding period of 2016, there was no dilutive effect; basic earnings per share were the same as the diluted value per share.