Boskalis_Annual Report_2017

104 ANNUAL REPORT 2017 – BOSKALIS FINANCIAL STATEMENTS 2017 ANNUAL REPORT 2017 -- BOSKALIS FINANCIAL STATEMENTS 2017 104 EARNINGS PER SHARE 23.5 Average number of shares Earnings per share Average number of shares Diluted earnings per share (in number of shares) OTHER RESERVES 23.6 Movement in other reserves: Note Balance as at 1 January 2017 Other movements Movement in legal reserve Total movement Balance as at 31 December 2017

Earnings per share are determined based on the calculation below.

2017

2016

Earnings per share Net group profit/loss (-) attributable to shareholders in thousands of EUR

150,469

- 563,730

131,097,477

128,204,536

EUR 1.15

EUR -4.40

Earnings per share before impairment losses Net group profit/loss (-) attributable to shareholders in thousands of EUR

150,469

- 563,730 840,127

-

Impairment losses in thousands of EUR, after tax

Net group profit/loss (-) attributable to shareholders in thousands of EUR excluding impairment losses

150,469

276,397

131,097,477

128,204,536

EUR 1.15

Earnings per share, excluding impairment losses

EUR 2.16

Diluted earnings per share Average number of shares including dilution effects

131,097,477

128,204,536

EUR 1.15

EUR -4.40

The weighted average number of ordinary shares for the financial year is calculated as follows:

2017

2016

130,076,852

Ordinary shares issued (entitled to dividend) as at 1 January Weighted effect of new ordinary shares issued due to optional dividend

125,627,062

1,893,243 - 872,618

2,577,474

Weighted effect on purchased own ordinary shares

-

131,097,477

Weighted average number of ordinary shares for the financial year

128,204,536

Legal reserves

CURRENCY TRANSLATION RESERVE

HEDGING RESERVE

REVALUATION RESERVE

OTHER LEGAL

TOTAL OTHER RESERVES

RESERVES OTHER RESERVES

[23.6.1]

[23.6.2]

[23.6.3]

[23.6.4]

[23.6.5]

- 3,905

102,458

339,018

214,339

- 14,088

637,822

Defined benefit plan actuarial gains/losses (-) and asset limitation, after income tax Foreign currency translation differences for foreign operations, after income tax Currency translation differences from joint ventures and associated companies, after tax Effective cash flow hedges, after income tax Change in fair value of cash flow hedges from joint ventures and associated companies, after tax

-

-

-

-

- 7,768

- 7,768

-

-

- 139,737

-

-

- 139,737

-

- -

496

- -

- -

496

17,786

-

17,786

- 8,415

-

- - -

- -

- - -

- 8,415

- -

- 462

- 462 7,631

-

7,631 7,631

9,371

- 462

- 139,241

- 7,768

- 130,469

5,466

101,996

199,777

221,970

- 21,856

507,353