Audited information

Earnings per share are calculated by dividing the Group net income by the average number of outstanding shares (issued shares less treasury shares).

Earnings per share (EPS)

 

 

2016

 

2015

Net income attributable to shareholders of Clariant Ltd undiluted and diluted (CHF m)

 

 

 

 

Continuing operations

 

253

 

217

Discontinued operations

 

 

12

Total

 

253

 

229

 

 

 

 

 

Weighted average number of shares outstanding

 

 

 

 

As per 1 January

 

322 202 845

 

319 689 210

Effect of transactions with treasury shares on weighted average number of shares outstanding

 

1 509 693

 

2 513 635

Weighted average number of shares outstanding at 31 December

 

323 712 538

 

322 202 845

 

 

 

 

 

Adjustment for granted Clariant shares

 

1 645 919

 

2 089 675

Adjustment for dilutive share options

 

16 322

 

90 692

Weighted average diluted number of shares outstanding at 31 December

 

325 374 779

 

324 383 212

 

 

 

 

 

Basic earnings per share attributable to shareholders of Clariant Ltd (CHF/share)

 

 

 

 

Continuing operations

 

0.78

 

0.67

Discontinued operations

 

 

0.04

Total

 

0.78

 

0.71

 

 

 

 

 

Diluted earnings per share attributable to shareholders of Clariant Ltd (CHF/share)

 

 

 

 

Continuing operations

 

0.78

 

0.67

Discontinued operations

 

 

0.04

Total

 

0.78

 

0.71

The dilution effect is triggered by two different items. One is the effect of Clariant shares granted as part of the share-based payment plan, which have not yet vested. To calculate this dilutive potential it is assumed that they had vested on 1 January of the respective period.

The second item is the effect of options granted as part of the share-based payment plan, which have not yet vested. To calculate this dilutive potential, it is assumed that all options which were in the money at the end of the respective period had been exercised on 1 January of the same period.

The effect of the services still to be rendered during the vesting period were taken into consideration.

Diluted earnings per share are calculated adjusting the weighted average number of ordinary shares outstanding to assume conversion of all dilutive potential ordinary shares.

In 2016, a payout of CHF 0.40 per share was made out of the capital contribution reserves (see ).

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