Page 191 - MEDIASET ESPAÑA / 2013. Financial Statements, Management and Corporate Governance Report

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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2013
(Expressed in thousand of euros)
24. EARNINGS PER SHARE
The calculation of the weighted average number of shares outstanding and diluted at December 31, 2013 and 2012 is
as follows:
12/31/13 12/31/12
Total shares issued 406,861,426 406,861,426
Less: treasury shares (6,065,107) (6,419,259)
Total shares outstanding 400,796,319 400,442,167
Dilutive effect of share options and free delivery of shares 1,161,282 11,177
Total number of shares for calculating diluted earnings per
share 401,957,601 400,453,344
24.1. Basic earnings per share
Basic earnings per share are calculated by dividing the net profit or loss attributable to the Group by the weighted
average number of shares outstanding during the year, excluding the average number of treasury shares held in the year.
Accordingly:
12/31/13 12/31/12 Change
Net profit for the year (thousands of euros) 4,161 50,143 (45,982)
Number of shares outstanding 400,796,319 400,442,167 354,152
Basic earnings per share (euros) 0.01 0.13 (0.11)
24.2. Diluted earnings per share
Diluted earnings per share are calculated by dividing the net profit or loss for the year attributable to ordinary shareholders
adjusted for the effect attributable to the dilutive potential ordinary shares by the weighted average number of ordinary
shares outstanding in the year, adjusted by the weighted average number of ordinary shares that would be issued on
the conversion of all the dilutive potential ordinary shares into ordinary shares of the Company. For these purposes, the
conversion is deemed to take place at the beginning of the year or on the date of issue of the potential ordinary shares
if such shares had been issued during the reporting period.
Accordingly:
12/31/13 12/31/12 Change
Net profit for the year (thousands of euros) 4,161 50,143 (45,982)
Number of shares for calculating diluted earnings per share 401,957,601 400,453,344 1,504,257
Diluted earnings per share (euros) 0.01 0.13 (0.11)