10 – Earnings per share

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 2019, and in the prior-year period, there was no dilutive effect; basic earnings per share were the same as the diluted value per share.