Annual report 2008
Binck Bank
- Consolidated Financial Statements
- Notes to the consolidated financial statements
- Notes to the consolidated balance sheet
- 8. Cash and balances with central banks 9. Banks 10. Financial assets held for trading 11. Financial assets at fair value through profit or loss
- 12. Available-for-sale financial assets 13. Loans and receivables
- 14. Held-to-maturity financial assets 15. Investments in associates
- 16. Intangible assets
- 17. Property, plant and equipment
- 18. Tax
- 19. Deferred tax
- 20. Other assets 21. Prepayments and accrued income 22. Derivative positions held on behalf of clients
- 23. Customer deposits 24. Financial liabilities at amortised cost 25. Provisions
- 26. Other liabilities 27. Accruals and deferred income
- 28. Shareholders' equity
- Notes to the consolidated income statement
- 29. Interest 30. Commission
- 31. Other income 32. Result on investments 33. Impairment losses on financial instruments 34. Employee expenses
- 35. Depreciation and amortisation 36. Other operating expenses 37. Earnings per share (euros)
- 38. Diluted earnings per share (euros) 39. Paid and proposed dividend
- 40. Related party disclosures
- 41. Liabilities not shown on the face of the balance sheet
- 42. Post-balance-sheet events 43. Segment information
- 44. Financial risks
- 45. Fair value financial instruments
- Company Financial Statements
- Notes to the company financial statements
- Notes to the company balance sheet
- C. Cash and balances with central banks d. Due from Banks e. Financial assets held for trading f. Financial assets at fair value through profit and loss
- G. Available-for-sale financial assets h. Loans and receivables i. Held-to-maturity financial assets j. Investments in subsidiaries and associates
- K. Intangible assets
- L. Property, plant and equipment
- M. Current tax assets n. Deferred tax o. Other assets
- P. Prepayments and accrued income q. Customer deposits r. Financial liabilities at amortised cost s. Provisions
- T. Other liabilities u. Accruals and deferred income
- V. Shareholders' equity w. Other information
Notes to the consolidated income statement
2008
2007
x € 1,000
x € 1,000
38. Diluted earnings per share (euros)
The diluted earnings per ordinary share are calculated by dividing
the profit attributable to ordinary shareholders by the weighted
average number of ordinary shares in issue during the period
adjusted for possible dilution effects due to outstanding option
rights, for example.
Average number of shares in issue
76,870,870
32,829,886
Number of options granted, but not yet exercised
-
34,073
Average exercise price (euros)
-
2.30
Average fair value (euros)
-
10.71
Number of shares potentially issued at fair value
-
(7,317)
Number of shares used for calculation of diluted earnings per share
76,870,870
32,856,642
Diluted earnings per share on continuing operations (euros)
0.43
0.93
Diluted earnings per share on discontinued operations (euros)
0.00
0.05
0.43
0.98
No other transactions in ordinary shares or potential ordinary
shares were conducted between the reporting date and the date
of completion of these financial statements.
39. Paid and proposed dividend
Declared and paid during the year
Dividend on ordinary shares:
Final dividend for 2007: € 0.15 (2006: € 0.29)
11,560
8,874
Interim dividend for 2008: € 0.20 (2007: € 0.14)
15,413
4,299
26,973
13,173
The dividend for 2007 has been calculated on the new number of
shares as at year-end 2007 (77,093,508). An interim dividend of
€ 0.06 was already made payable in 2007 (€ 0.14 on 30,837,403
shares).
Proposed for approval by the General Meeting of Shareholders
(not recognised as a liability as at 31 December)
Dividend on ordinary shares:
16,190
11,564
Final dividend for 2008: € 0.21 (2007: € 0.15)