Philips 2004 Annual Report Download - page 92
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Earnings per share
2002 2003 2004
Weighted average number of common shares outstanding (after deduction of
treasury stock) during the year (in thousands) 1,274,950 1,277,174 1,280,251
Basic earnings per common share in euros:
Income (loss) before cumulative effect of a change in accounting principles (2.51) 0.55 2.22
Cumulative effect of a change in accounting principles, net of tax – (0.01) –
Net income (loss) (2.51) 0.54 2.22
Diluted earnings per common share in euros: *
Income (loss) before cumulative effect of a change in accounting principles (2.51) 0.55 2.21
Cumulative effect of a change in accounting principles, net of tax – (0.01) –
Net income (loss) (2.51) 0.54 2.21
Dividend paid per common share in euros 0.36 0.36 0.36
*The dilution effects on EPS are only taken into consideration if this does not result in an improvement in income per share or in a
reduction in loss per share, as was the case in 2002.
The accompanying notes are an integral part of these consolidated financial statements.
91Philips Annual Report 2004