As explained in Note 23 below, in accordance with the resolution adopted at the extraordinary session of the Shareholders’ General Meeting of 4 April 2012, from 21 May 2012 the share capital of Fiat S.p.A. is represented by ordinary shares.
The earnings/(loss) per share is determined by dividing the Profit/(loss) attributable to the equity holders of the parent company, by the weighted average number of ordinary shares outstanding during the period.
The following table provides amounts used in the calculation of basic earnings/(loss) per share for the two periods:
|Profit/(loss) to owners of the parent||€ million||904||44|
|Weighted average number of shares outstandings||thousands||1,215,921||1,215,828|
|Basic earnings/(loss) per share||euros||0.744||0.036|
In order to calculate the diluted earnings/(loss) per share, the average number of outstanding ordinary shares has been increased to also take into consideration the theoretical effect that would arise if all the share based payment plans were exercised.
The following table provides the amounts used in the calculation of diluted earnings per share for the periods presented:
|Profit/(loss) attributable to shares||€ million||904||44|
|Weighted average number of shares||thousands||1,228,926||1,225,868|
|Diluted earnings/(loss) per shares||euro||0.736||0.036|