10 – Earnings per share

 

 

 

1st half

 

 

 

2018

2017

Net income

 

million €

3,159

3,205

Number of outstanding shares (weighted average)

 

in thousands

918,479

918,479

Earnings per share

 

3.44

3.49

Earnings per share is calculated 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 BASF’s “plus” employee incentive share program.

In the first half of 2018, and in the prior-year period, there was no dilutive effect; basic earnings per share were the same as the diluted value per share.