Note 11. Earnings per share

Basic and diluted earnings per share, SEK

 

Basic

Diluted

 

 

 

 

 

 

2017

2018

2017

2018

Earnings per share, Group total

10.50

10.14

10.49

10.11

Earnings per share, continuing operations

10.54

10.57

10.53

10.55

The calculation of the numerators and denominators used in the above calculations of earnings per share is presented below.

Profit for the year attributable to the equity holders of the Parent Company

 

2017

2018

Profit for the year attributable to the equity holders of the Parent Company, Group total

13,174

12,714

Profit for the year attributable to equity holders of the Parent Company, continuing operations

13,226

13,259

Basic earnings per share

The calculation of earnings per share for 2018 is based on the profit for the year attributable to the equity holders of the Parent Company, Group total, continuing operations and the weighted average number of shares (thousands) of 1,254,386 (1,254,386) during 2018.

Weighted average number of shares, basic

In thousands of shares

2017

2018

Total number of ordinary shares at 1 January

1,254,386

1,254,386

Weighted average number of shares outstanding during the year, basic

1,254,386

1,254,386

Diluted earnings per share

The calculation of diluted earnings per share for 2018 is based on the profit attributable to the equity holders of the Parent Company, Group total, continuing operations and the weighted average number of shares (thousands) of 1,257,527 (1,256,346) during 2018, calculated as follows:

Weighted average number of shares, diluted

In thousands of shares

2017

2018

Weighted average number of shares, basic

1,254,386

1,254,386

Effect of share options

1,960

3,141

Weighted average number of shares outstanding during the year, diluted

1,256,346

1,257,527

Diluted earnings per share is related to outstanding share-based LTI programs. Information about these programs is found in Note 3.5.