BASF Report 2022

6. Earnings per Share

Earnings per share

 

 

2022

2021

Income after taxes from continuing operations

Million €

–391

6,018

of which noncontrolling interests

Million €

236

459

Net income from continuing operations

Million €

–627

5,559

Income after taxes from discontinued operations

Million €

–36

of which noncontrolling interests

Million €

Net income from discontinued operations

Million €

–36

Income after taxes

Million €

–391

5,982

of which noncontrolling interests

Million €

236

459

Net income

Million €

–627

5,523

Weighted average number of outstanding shares

1,000

901,754

918,479

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

1,000

1,573

2,008

Weighted average number of shares for diluted earnings per share

1,000

903,327

920,486

Earnings per share

 

 

 

From continuing operations

–0.70

6.05

Diluted

–0.70

6.04

From discontinued operations

–0.04

Diluted

–0.04

From continuing and discontinued operations

–0.70

6.01

Diluted

–0.70

6.00

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. The average number of outstanding shares declined compared with 2021 due to the share buyback program in 2022. 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. No dilutive effect arose from the issue of “plus” shares in 2022 (2021: €0.01).

For more information on the share buyback program, see:

Topic filter