12.Earnings per Share

are calculated according to  33 (Earnings per Share) as the relationship of the Group’s income after income taxes () for the fiscal year to the weighted average number of outstanding no-par voting shares of Covestro AG. In fiscal 2021, a weighted average number of outstanding no-par voting shares of 193,165,396 was used to calculate earnings per share, while in fiscal 2020, these shares amounted to 184,912,207. A total of 10,200,000 new, no-par value bearer shares were issued in 2020 by way of a resolution dated October 13, 2020.

Earnings per share

 

 

 

 

 

 

 

2020

 

2021

 

 

€ million

 

€ million

Income after income taxes

 

454

 

1,619

of which attributable to noncontrolling interest

 

(5)

 

3

of which attributable to Covestro AG shareholders (net income)

 

459

 

1,616

 

 

 

 

 

 

 

Shares

 

Shares

Weighted average number of outstanding no-par voting shares of Covestro AG

 

184,912,207

 

193,165,396

 

 

 

 

 

 

 

 

Basic earnings per share

 

2.48

 

8.37

Diluted earnings per share

 

2.48

 

8.37

Earnings per share
Net income divided by the weighted average number of outstanding shares in the reporting period.
IAS/Accounting Standards
International accounting standards as endorsed by the European Union respectively published by the IASB or the IFRS IC.
Net income
Income after income taxes that is attributable to Covestro AG shareholders.