|
|
|
|
Three Months Ended
June 30, |
|
Six Months Ended
June 30, |
|
|
(US$ in millions, except for share data) |
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Net income attributable to Bunge |
|
$ |
316 |
|
$ |
1,778 |
|
$ |
548 |
|
$ |
1,841 |
|
|
Convertible preference share dividends |
|
(9 |
) |
(20 |
) |
(17 |
) |
(39 |
) |
|
Net income available to Bunge common shareholders |
|
$ |
307 |
|
$ |
1,758 |
|
$ |
531 |
|
$ |
1,802 |
|
|
Weighted average number of common shares outstanding: |
|
|
|
|
|
|
|
|
|
|
Basic |
|
147,281,549 |
|
144,034,189 |
|
147,063,364 |
|
142,083,975 |
|
|
Effect of dilutive shares: |
|
|
|
|
|
|
|
|
|
|
—Stock options and awards |
|
1,348,059 |
|
791,725 |
|
1,338,085 |
|
1,003,769 |
|
|
—Convertible preference shares |
|
7,547,220 |
|
14,622,799 |
|
7,547,220 |
|
14,622,799 |
|
|
Diluted (1) |
|
156,176,828 |
|
159,448,713 |
|
155,948,669 |
|
157,710,543 |
|
|
Earnings per common share: |
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
2.08 |
|
$ |
12.21 |
|
$ |
3.61 |
|
$ |
12.68 |
|
|
Diluted |
|
$ |
2.02 |
|
$ |
11.15 |
|
$ |
3.51 |
|
$ |
11.67 |
|
(1) Approximately 1 million and 2 million outstanding stock options and contingently issuable restricted stock units were not dilutive and not included in the weighted-average number of common shares outstanding for the three and six months ended June 30, 2011, respectively. Approximately 3 million outstanding stock options and contingently issuable restricted stock units were not dilutive and not included in the weighted-average number of common shares outstanding for the three and six months ended June 30, 2010, respectively. |