6. Earnings per Share
|
|
2023 |
2022 |
|---|---|---|---|
Income after taxes |
Million € |
379 |
–391 |
of which noncontrolling interests |
Million € |
154 |
236 |
Net income |
Million € |
225 |
–627 |
Weighted average number of outstanding shares |
1,000 |
892,641 |
901,754 |
Dilution effect from BASF’s “plus” incentive share program |
1,000 |
2,436 |
1,573 |
Weighted average number of shares for diluted earnings per share |
1,000 |
895,077 |
903,327 |
Earnings per share |
|
|
|
Basic |
€ |
0.25 |
–0.70 |
Diluted |
€ |
0.25 |
–0.70 |
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.
The average number of outstanding shares declined compared with 2022 due to the share buyback program in effect until February 24, 2023. No dilutive effect arose from the issue of “plus” shares in 2023 or 2022.
For more information on the share buyback program, see: