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Note 5 - Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2018
Earnings Per Share Abstract |
Basic and deluted earnings per share |
Basic and Diluted Earnings per Share
| 2018 | 2017 | 2016
Numerator for basic and diluted earnings per share (millions of euros) |  |  |
Profit attributable to parent company | 5,324 | 3,519 | 3,475
Adjustment: Additional Tier 1 securities (1) | (313) | (301) | (260)
Profit adjusted (millions of euros) (A) | 5,011 | 3,218 | 3,215
Weighted average number of shares outstanding (2) | 6,668 | 6,642 | 6,468
Weighted average number of shares outstanding x corrective factor (3) | 6,668 | 6,642 | 6,592
Adjusted number of shares - Basic earning per share (C) | 6,636 | 6,642 | 6,592
Adjusted number of shares - diluted earning per share (D) | 6,636 | 6,642 | 6,592
Earnings per share (*) | 0.76 | 0.48 | 0.49
Basic earnings per share from continued operations (Euros per share)A-B/C | 0.76 | 0.48 | 0.49
Diluted earnings per share from continued operations (Euros per share)A-B/D | 0.76 | 0.48 | 0.49
(1) Remuneration in the year related to contingent convertible securities, recognized in equity (see Note 22.4). (2) Weighted average number of shares outstanding (millions of euros), excluding weighted average of treasury shares during the period. (3) Corrective factor, due to the capital increase with pre-emptive subscription right, applied for the previous years. (*) As of December 31, 2018 the weighted average number of shares outstanding was 6,668 million (6,642 and 6,468 million as of December 31, 2017 and 2016, respectively) and the adjustment of additional Tier 1 securities amounted to €313 million (€301 and €260 million as of December 31, 2017 and 2016, respectively).

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