Universal Registration Document 2022

Note 10 Earnings per share

6.6 Notes To The Consolidated Financial statements

Note 10 Earnings per share

Note 10 Earnings per share

/ Earnings per share (basic and diluted) 

(in millions of euros, except for share data   2022 2021
Net income used for the calculation of earnings per share
 
     
Net income share attributable to equity holders of the parent Compan A 1,222 1,027
Impact of dilutive instruments:      
  • Savings in financial expenses related to the conversion of debt instruments, net of tax
     
Groupe net income – diluted B 1,222 1,027
Number of shares used to calculate earnings per share      
Number of shares at January 1   253,462,409 247,769,038
Shares created over the year   393,965 2,929,864
Treasury shares to be deducted (average for the year)   (2,884,264) (2,078,744)
Average number of shares used for the calculation C 250,972,110 248,620,158
Impact of dilutive instruments:      
  • Free shares and dilutive stock options (1)
  2,633,057 2,784,437
  • Equity warrants (BSA)(1)
  - 290,510
Number of diluted shares D 253,605,167 251,695,105
(in euros)      
Earnings per share A/C 4.87 4.13
Diluted earnings per share B/D 4.82 4.08

(1) Only stock options and warrants with a dilutive impact, i.e. whose strike price is lower than the average strike price, are included in the calculation. At December 31, 2022, unexercised stock options were not taken into account because they were earnings accretive.