APC 2015 Annual Report Download - page 220

2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC218
CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31,2015
5NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
21.3 – Earnings per share
Determination of the share base used in calculation
(in thousands of shares)
Full year 2015 Full year 2014
Basic Diluted Basic Diluted
Common shares* 568,346 568,346 572,166 572,166
Performance shares - 2,877 - 3,781
Stock options - 792 - 999
Average weighted number of shares 568,346 572,015 572,166 576,946
* Net of treasury shares and own shares.
Earnings per share
(in euros)
Full year 2015 Full year 2014
Basic Diluted Basic Diluted
Profi t before tax 3. 14 3.12 4.25 4.21
EARNINGS PER SHARE 2.47 2.46 3.39 3.37
21.4 – Dividends paid and proposed
In 2015, the Group paid out the 2014 dividend of EUR1.92 per
share (with a nominal value of EUR4), for a total of EUR1,098million.
In 2014, the Group paid out the 2013 dividend of EUR1.87 per
share (with a nominal value of EUR4), for a total of EUR1,069million.
At the Shareholders’ Meeting of April25, 2016, shareholders will
be asked to approve a dividend of EUR2.00 per share (with a
nominal value of EUR4) forfi scal year 2015. At December31, 2015
Schneider ElectricSE had distributable reserves in an amount of
EUR7,262 million (versus EUR7,883 million at the previous year-
end), not including profi t for the year.
21.5 – Share-based payments
Current stock option and stock grant plans
The board of directors of Schneider ElectricSE and later the management board have set up stock option and stock grant plans for senior
executives and certain employees of the Group. The main features of these plans were as follows at December31, 2015:
Stock option plans
Plan no. Date of Board meeting Type of plan(1)
Starting date of
exercise period Expiration date Price
(ineuros)
Number of
options initially
granted
Options cancelled
because targets
notmet
28 12/21/2006 S 12/21/2010 12/20/2016 39.60 2,514,240 -
29 04/23/2007 S 04/23/2011 04/22/2017 47.24 166,300 -
30 12/19/2007 S 12/19/2011 12/18/2017 44.79 1,889,852 887,952
31 01/05/2009 S 01/05/2013 01/04/2019 25.37 1,358,000 133,760
33 12/21/2009 S 12/21/2013 12/20/2019 36.92 1,652,686 -
TOTAL 7,581,078 1,021,712
(1) S =Options to subscribe new shares.