Philips 2005 Annual Report Download - page 151

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Philips Annual Report 2005 151
10
Earnings per share
The earnings per share (EPS) data have been calculated in accordance with SFAS No. 128, ‘Earnings per Share’, as per the following schedule:
2003 2004 2005
Weighted average number of shares 1,277,174,117 1,280,251,485 1,249,955,546
Basic EPS computation
Income from continuing operations before the cumulative effect
of a change in accounting principles, available to holders of
common shares 723 2,815 2,951
Income (loss) from discontinued operations (14) 21 (83)
Cumulative effect of a change in accounting principles (14)
Net income available to holders of common shares 695 2,836 2,868
Diluted EPS computation
Income from continuing operations before cumulative effect of
a change in accounting principles available to holders of
common shares 723 2,815 2,951
Plus interest on assumed conversion of convertible debentures,
net of taxes
Income available to holders of common shares 723 2,815 2,951
Income (loss) from discontinued operations (14) 21 (83)
Cumulative effect of a change in accounting principles (14)
Net income available to holders of common shares plus
effect of assumed conversions 695 2,836 2,868
Weighted average number of shares 1,277,174,117 1,280,251,485 1,249,955,546
Plus shares applicable to:
Options 2,922,314 2,968,386 2,771,955
Convertible debentures 1,130,617 496,257 602,863
Dilutive potential common shares 4,052,931 3,464,643 3,374,818
Adjusted weighted average number of shares 1,281,227,048 1,283,716,128 1,253,330,364
Basic earnings per share:
Income from continuing operations 0.56 2.20 2.36
Income (loss) from discontinued operations (0.01) 0.02 (0.07)
Income (loss) from cumulative effect of a change in
accounting principles (0.01)
Net income 0.54 2.22 2.29
Diluted earnings per share:
Income from continuing operations 0.56 2.19 2.36
Income (loss) from discontinued operations (0.01) 0.02 (0.07)
Income (loss) from cumulative effect of a change in
accounting principles (0.01)
Net income 0.54 2.21 2.29
withintheCompany’smonitorsandatTVbusiness(refertonote2)
− −
SummarizednancialinformationfortheCompany’sequityinvestments
88
99
10