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Earnings per ordinary share
 12 Months Ended
Dec. 31, 2023
Basic earnings per share [abstract]  
Earnings per ordinary share 28  Earnings per ordinary share
Earnings per ordinary share
Weighted average number
of ordinary  shares outstanding
Amount
during the period
Per ordinary share
(in EUR million)
(in millions)
(in EUR)
2023
2022
2021
2023
2022
2021
2023
2022
2021
Basic earnings
4,140
12,126
5,951
3,562.9
3,619.1
3,888.5
1.16
3.35
1.53
Basic earnings from
continuing operations
4,140
12,126
5,951
1.16
3.35
1.53
Effect of dilutive
instruments:
Share plans
2.4
5.2
2.2
2.4
5.2
2.2
Diluted earnings
4,140
12,126
5,951
3,565.3
3,624.3
3,890.7
1.16
3.35
1.53
Diluted earnings from
continuing operations
4,140
12,126
5,951
1.16
3.35
1.53
Earnings per ordinary share is calculated on the basis of the weighted average number of ordinary shares
outstanding. In calculating the weighted average number of ordinary shares outstanding, own shares held
by group companies (including share buyback programmes) are deducted from the total number of
ordinary shares in issue.
Dilutive instruments
Diluted earnings per share is calculated as if the share plans outstanding at the end of the period had been
exercised at the beginning of the period and assuming that the cash received from dilutive instruments (if
any) is used to buy own shares against the average market price during the period. The net increase in the
number of shares resulting from exercising share plans is added to the average number of shares used for
the calculation of diluted earnings per share.