Semiannual Consolidated Financial Report
A breakdown of deferred-tax liabilities and deferred-tax assets is as follows: 12.31.2008
Additions
Utilizations
Restat. for new rates
IAS 32/39 to shareold. equity
Change in the scope of consolid.
609
-
(43)
22
-
9
7
604
49
3
-
-
-
-
-
52
- impact on the income statement
-
-
-
-
-
-
-
-
- impact on shareholders' equity
8
-
-
-
(4)
-
-
4
(in millions of euros)
Other changes/ 06.30.2009 Reclassif./ Offsets
Provision for deferred taxes: Valuation differences of property, plant and equipment Adoption of IAS 17 to value finance leases Adoption of IAS 39 to value financial instruments:
Other deferred-tax liabilities Offsets
8
5
(6)
-
-
-
-
7
674
8
(49)
22
(4)
9
7
667
(155)
-
-
-
-
-
89
(66)
519
8
(49)
22
(4)
9
96
601
Provision for deferred taxes net of offsets Deferred-tax assets: Tax loss carryforward
24
-
(10)
-
-
-
-
14
Taxed provisions for risks
70
2
(8)
10
-
-
7
81
Adoption of IAS 39 to value financial instruments: - impact on the income statement
2
-
(2)
-
-
-
-
-
107
-
-
-
(85)
-
-
22
Valuation differences of property, plant and equipment
26
9
(11)
-
-
-
3
27
Other deferred-tax assets
10
2
-
-
1
(4)
9
239
13
(31)
(85)
1
6
153
- impact on shareholders' equity
Offsets
10
(155)
-
-
-
-
-
89
(66)
84
13
(31)
10
(85)
1
95
87
Deferred-tax assets net of offsets
29. Earnings per Share Insofar as the computation of diluted earnings per share is concerned, differently from the previous year, there were no shares reserved for the exercise of stock options in the first half of 2009. 2008 full year Common Saving shares shares (1) 346
346
336
10
(in millions of euros)
1st half 2009 Common Saving shares shares (1)
1st half 2008 Common Saving shares shares (1)
Group interest in profit
122
122
102
102
Profit attributable to the different classes of shares (A)
116
6
97
5
Weighted average number of shares outstanding (common and savings) determinated for the purpose of computing profit per share: 5,181,093,229 110,592,420
- basic (B)
5,181,108,251 110,592,420
5,181,078,042 110,592,420
5,181,090,583 110,592,420
- diluited (C) (2)
5,181,108,251 110,592,420
5,181,087,598 110,592,420
Profit per share (in euros) 0.0647
0.0947
- basic (A/B)
0.0224
0.0524
0.0186
0.0486
0.0647
0.0947
- diluited (A/C) (2)
0.0224
0.0524
0.0186
0.0486
(1)
3% of par value for the higher dividend paid to the savings shares compared with the common shares. Savings shares are treated as common shares, since the portion of net income attributable to the savings shares has been deducted from Group interest in net income. (2) When the Group reports a loss, the potential shares are deemed to have no dilutive effect.
Semiannual Report at June 30, 2009
83