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Earnings per share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings per share [abstract]

Summary of Computation of Earnings Per Share

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


			€			€			€
			2023			2022			2021
Basic earnings per share			2.58			3.00			2.33
Diluted earnings per share			2.56			2.99			2.32


			Millions of share units
Calculation of average number of share units			2023			2022			2021
Average number of shares			2,587.0			2,629.2			2,629.2

Less: treasury shares held by employee share trusts and companies			(71.1)			(81.0)			(29.3)
Average number of shares – used for basic earnings per share			2,515.9			2,548.2			2,599.9
Add: dilutive effect of share-based compensation plans			16.5			11.6			9.7
Diluted average number of shares – used for diluted and underlying earnings per share			2,532.4			2,559.8			2,609.6


			€ million			€ million			€ million
Calculation of earnings			2023			2022			2021
Net profit			7,140			8,269			6,621
Non-controlling interests			(653)			(627)			(572)
Net profit attributable to shareholders’ equity – used for basic and diluted earnings per share			6,487			7,642			6,049