Income tax expense for the first half of 2020 was calculated by applying the estimated effective tax rate for the full year to pre-tax income for the period.
| (in millions of euros) |
|
June 30, 2020 (6 months) |
June 30, 2019 (6 months) |
|---|---|---|---|
|
Pre-tax income of consolidated companies
|
|
Pre-tax income of consolidated companies
June 30, 2020 (6 months) 164 |
Pre-tax income of consolidated companies
June 30, 2019 (6 months) 487 |
| Impairment of equity investments(1) |
|
Impairment of equity investments (1)June 30, 2020 (6 months) - |
Impairment of equity investments (1)June 30, 2019 (6 months) 23 |
| Revaluation of earn-out payments |
|
Revaluation of earn-out payments June 30, 2020 (6 months) (2) |
Revaluation of earn-out payments June 30, 2019 (6 months) 1 |
| Main non-taxable/non-deductible disposals |
|
Main non-taxable/non-deductible disposals June 30, 2020 (6 months) (4) |
Main non-taxable/non-deductible disposals June 30, 2019 (6 months) 17 |
| Pre-tax income of consolidated companies | Pre-tax income of consolidated companies A |
Pre-tax income of consolidated companies June 30, 2020 (6 months) 158 |
Pre-tax income of consolidated companies June 30, 2019 (6 months) 528 |
| Effective tax rate | Effective tax rate B
|
Effective tax rate June 30, 2020 (6 months) 25.0% |
Effective tax rate June 30, 2019 (6 months) 25.8% |
| Income tax in the income statement | Income tax in the income statement A x B |
Income tax in the income statement June 30, 2020 (6 months) (39) |
Income tax in the income statement June 30, 2019 (6 months) (136) |
(1) An impairment loss of euro 23 million was recognized on equity investments (see Note 10).
As a reminder, the effective tax rate for financial year 2019 (12 months) was 25.0%.
| (in millions of euros, except for share data) |
|
June 30, 2020 | June 30, 2019 |
|---|---|---|---|
| Net income used for the calculation of earnings per share |
|
|
|
| Net income attributable to equity holders of the parent company | Net income attributable to equity holders of the parent company A |
Net income attributable to equity holders of the parent company June 30, 2020 136 |
Net income attributable to equity holders of the parent company June 30, 2019 345 |
| Impact of dilutive instruments: |
|
|
|
|
|
June 30, 2020 - |
June 30, 2019 - |
| Group net income – diluted | Group net income – diluted B |
Group net income – diluted June 30, 2020 136 |
Group net income – diluted June 30, 2019 345 |
| Number of shares used to calculate earnings per share |
|
|
|
| Number of shares at January 1 |
|
Number of shares at January 1 June 30, 2020 240,437,061 |
Number of shares at January 1 June 30, 2019 235,249,801 |
| Shares created over the period |
|
Shares created over the period June 30, 2020 46,238 |
Shares created over the period June 30, 2019 130,156 |
| Treasury shares to be deducted (average for the period) |
|
Treasury shares to be deducted (average for the period) June 30, 2020 (3,015,142) |
Treasury shares to be deducted (average for the period) June 30, 2019 (3,634,949) |
| Average number of shares used for the calculation | Average number of shares used for the calculation C |
Average number of shares used for the calculation June 30, 2020 237,468,157 |
Average number of shares used for the calculation June 30, 2019 231,745,008 |
| Impact of dilutive instruments: |
|
|
|
|
|
June 30, 2020 714,961 |
June 30, 2019 1,728,566 |
|
|
June 30, 2020 96,943 |
June 30, 2019 412,146 |
| Number of diluted shares | Number of diluted shares D |
Number of diluted shares June 30, 2020 238,280,061 |
Number of diluted shares June 30, 2019 233,885,720 |
| (in euros) |
|
|
|
| Earnings per share | Earnings per share A/C |
Earnings per share June 30, 2020 0.57 |
Earnings per share June 30, 2019 1.49 |
| Diluted earnings per share | Diluted earnings per share B/D |
Diluted earnings per share June 30, 2020 0.57 |
Diluted earnings per share June 30, 2019 1.48 |
