104 Financial statements Notes to the consolidated financial statements 22. Capital and reserves Dividends The following dividends were declared and paid by Heineken: In millions o' PUR 2010 Final dividend previous year EUR0.40, respectively EUR0.34 per qualifying ordinary share Interim dividend current year EUR0.26, respectively EUR0.25 per qualifying ordinary share 195 156 167 122 Total dividend declared and paid 351 28 - Heineken's policy is for an annual dividend payout of 30 - 35 per cent of Net profit BEIA. The interim dividend is fixed at 40 per cer of the total dividend of the previous year. After the balance sheet date the Executive Board proposed the following dividends. The dividends, taken into account the interim dividends declared and paid, have not been provided for. In millions of EUR2010200 per qualifying ordinary share EUR0.76 (2009: EUR0.65)43831f 23. Earnings per share Basic earnings per share The calculation of basic earnings per share as at 31 December 2010 is based on the profit attributable to ordinary shareholders of the Company (net profit) of EUR1.436 million (2009: EUR1.018 million) and a weighted average number of ordinary shares - basir outstanding during the year ended 31 December 2010 of 562,234,726 (2009:488,666,607). Basic earnings per share for the year amounts to EUR2.55 (2009: EUR2.08). Weighted average number of shares - basic 2010 Number of shares basic 1 January 489,974,594 489,974,594 Effect of LTIP own shares held (1,152,409) (1,307,987 Effect of undelivered ASDI shares 14,726,761 Effect of new shares issued 58,685,780 Weighted number of basic shares 31 December 562,234,726 488,666,60 ASDI Allotted Share Delivery Instrument (ASDI) representing Heineken's obligation to deliver shares to FEMSA, either through issuance and/or purchasing of its own shares in the open market. EPS is impacted by ASDI as in the formula, calculating EPS, the net profit is divided by the weighted average number of ordinary shares. In this weighted average number of ordinary shares, the weighted average of outstanding ASDI is included. This means that the ASDI leads to a lower basic EPS until all shares have been repurchasec Diluted earnings per share The calculation of diluted earnings per share as at 31 December 2010 was based on the profit attributable to ordinary shareholder of the Company (net profit) of EUR1.436 million (2009: EUR1.018 million) and a weighted average number of ordinary shares - basic outstanding after adjustment for the effects of all dilutive potential ordinary shares of 563,387,135 (2009: 489,974,594). Diluted earnings per share for the year amounted to EUR2.55 (2009: EUR2.08). Weighted average number of shares - diluted 2010 562,234,726 Effect of LTIP own shares held1,152,4091,307,987 Weighted average diluted shares 31 December 563,387,135 489,974,594

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2010 | | pagina 101