XML 427 R34.htm IDEA: XBRL DOCUMENT v3.25.0.1
Net Income per ordinary share
 12 Months Ended
Dec. 31, 2024
Net Income per Ordinary Share [Abstract]  
Net income per ordinary share Net income per ordinary share
Basic net income per ordinary share is calculated by dividing net income by the weighted average number of
ordinary shares outstanding for that period.
The dilutive effect is calculated using the treasury stock method by dividing net income by the weighted average
number of ordinary shares outstanding for that period plus shares applicable to options and conditional shares
(dilutive potential ordinary shares). The calculation of diluted net income per ordinary share does not assume
exercise of options when exercise would be anti-dilutive. Excluded from the diluted weighted average number of
shares outstanding calculation are cumulative preference shares contingently issuable to the preference share
foundation, since they represent a different class of stock from the ordinary shares.
The basic and diluted net income per ordinary share has been calculated as follows:
Year ended December 31 (€, in millions, except per share data)
2022
2023
2024
Net income
5,624.2
7,839.0
7,571.6
Weighted average number of shares outstanding
397.7
393.8
393.3
Basic net income per ordinary share
14.14
19.91
19.25
Weighted average number of shares outstanding
397.7
393.8
393.3
Plus shares applicable to options and conditional shares
0.3
0.3
0.3
Diluted weighted average number of shares
398.0
394.1
393.6
Diluted net income per ordinary share
14.13
19.89
19.24