[15] Earnings per share

 

 

January to December 2007

 

January to December 2006

in € million/Shares in thousands

 

Continuing
operations

 

Discontinued
operations

 

Group

 

Continuing
operations

 

Discontinued
operations

 

Group

Earnings after taxes on income attributable to Linde AG shareholders

 

935

 

17

 

952

 

201

 

1,637

 

1,838

Plus: increase in profit due to dilutive effect of convertible bond

 

8

 

 

8

 

14

 

 

14

Profit after adjusting for dilutive effects

 

943

 

17

 

960

 

215

 

1,637

 

1,852

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares in thousands

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding

 

162,293

 

162,293

 

162,293

 

138,166

 

138,166

 

138,166

Dilution as a result of the Linde Management Incentive Programme

 

5,263

 

5,263

 

5,263

 

543

 

543

 

543

Effect of dilutive convertible bond

 

905

 

905

 

905

 

9,519

 

9,519

 

9,519

Weighted average number of shares outstanding – fully diluted

 

168,461

 

168,461

 

168,461

 

148,228

 

148,228

 

148,228

Earnings per share in €

 

5.77

 

0.10

 

5.87

 

1.45

 

11.85

 

13.30

Earnings per share in €
– fully diluted

 

5.60

 

0.10

 

5.70

 

1.45

 

11.04

 

12.49

Included in the figure for diluted earnings per share is the issue of shares relating to the employee option schemes and the convertible bond, to the extent that these have not already been exercised or converted into equity.

See Note [43] for the calculation of the adjusted earnings per share.

Further information about the option schemes and the convertible bond is given in Notes [30] and [27].



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The following information is part of the consolidated financial statements as of 31 December 2007, which were audited and issued with an unqualified certificate by KPMG Deutsche Treuhand AG, Wirtschaftprüfungsgesellschaft.

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