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Combined Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Text block1 [abstract]  
Summary of Computation of Earnings Per Share

Earnings per share for total operations for the 12 months were as follows:

 

                
     2018      2017      2016  

Basic earnings per share

     3.50        2.16        1.83  

Diluted earnings per share

     3.48        2.15        1.82  

Underlying earnings per share

     2.36        2.24        2.03  
     Millions of share units  

Calculation of average number of share units

   2018      2017      2016  

Average number of shares: NV

     1,714.7        1,714.7        1,714.7  

PLC

     1,264.0        1,310.2        1,310.2  

Less treasury shares held by employee share trusts and companies

     (295.4      (223.3      (184.7
  

 

 

    

 

 

    

 

 

 

Combined average number of share units – used for basic earnings per share

     2,683.3        2,801.6        2,840.2  

Add dilutive effect of share-based compensation plans

     11.5        12.4        13.7  
  

 

 

    

 

 

    

 

 

 

Diluted combined average number of share units – used for diluted and underlying earnings per share

     2,694.8        2,814.0        2,853.9  
  

 

 

    

 

 

    

 

 

 
            € million      € million      € million  

Calculation of earnings

   Notes      2018      2017      2016  

Net profit

        9,808        6,486        5,547  

Non-controlling interests

        (419      (433      (363
     

 

 

    

 

 

    

 

 

 

Net profit attributable to shareholders’ equity – used for basic and diluted earnings per share

        9,389        6,053        5,184  

Post tax impact of non-underlying items

     3        (3,024      262        601  
     

 

 

    

 

 

    

 

 

 

Underlying profit attributable to shareholders’ equity – used for underlying earnings per share

        6,365        6,315        5,785