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166 2014 Registration Document
Consolidated Financial Statements Year ended December 31, 2014
5
Notes to the Consolidated statements
Basic earnings per share
2014
2013
Net income from continuing operations
1,182
949
Net income from discontinued operations
67
314
Net income for the year
1,249
1,263
Weighted average number of shares outstanding
(1)
707,397,621 694,925,592
Basic earnings from continuing operations per share
(in €)
1.67
1.37
Basic earnings from discontinued operations per share
(in €)
0.09
0.45
Basic earnings per share
(in €)
1.77
1.82
(1) In accordance with IAS 33, the weighted average number of shares used to calculate 2013 earnings per share was adjusted to take into account 2013 dividends
paid in shares on May 28, 2014.
Treasury stock and shares held indirectly through the equity swap described in Note 27.3.2 are not considered as outstanding shares for earnings
per share calculations.
Diluted earnings per share
2014
2013
Net income from continuing operations
1,182
949
Net income from discontinued operations
67
314
Net income for the year
1,249
1,263
Weighted average number of shares outstanding, before dilution
707,397,621 694,925,592
Potential dilutive shares
0
0
Stock grants
0
0
Stock options
0
0
Diluted weighted average number of shares outstanding
707,397,621 694,925,592
Diluted earnings from continuing operations per share
(in €)
1.67
1.37
Diluted earnings from discontinued operations per share
(in €)
0.09
0.45
Diluted earnings per share
(in €)
1.77
1.82
All of the stock options granted by the Group were out of the money (
i.e.
their exercise price was greater than the average Carrefour share price) in
both 2014 and 2013 and were therefore not dilutive. No stock grants were outstanding at December 31, 2014 (see Note 28.2).
Note 15
Earnings per share (Group share)