BASF Report 2021

6. Earnings per Share

Earnings per share

 

 

2021

2020

Income after taxes from continuing operations

million €

6,018

–1,471

of which noncontrolling interests

million €

459

–17

Net income from continuing operations

million €

5,559

–1,454

Income after taxes from discontinued operations

million €

–36

396

of which noncontrolling interests

million €

2

Net income from discontinued operations

million €

–36

394

Income after taxes

million €

5,982

–1,075

of which noncontrolling interests

million €

459

–15

Net income

million €

5,523

–1,060

Weighted average number of outstanding shares

1,000

918,479

918,479

Dilution effect from BASF’s “plus” incentive share program

1,000

2,008

1,759

Weighted average number of shares for diluted earnings per share

1,000

920,486

920,238

Earnings per share

 

 

From continuing operations

6.05

–1.58

Diluted

6.04

–1.58

From discontinued operations

–0.04

0.43

Diluted

–0.04

0.43

From continuing and discontinued operations

6.01

–1.15

Diluted

6.00

–1.15

In accordance with IAS 33, earnings per share are determined by dividing earnings attributable to shareholders of BASF SE by the weighted average of outstanding shares. Pursuant to IAS 33, a potential dilutive effect must be considered in the diluted earnings per share for those BASF shares that will be granted in the future as part of BASF’s “plus” share program. This applies regardless of the fact that the necessary shares are acquired on the market by third parties on behalf of BASF and that there are no plans to issue new shares. A dilutive effect from the issue of “plus” shares arose in the amount of €0.01 in 2021 (2020: no dilutive effect).