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Excluding the impact of BPB (December 2005) and based on the 345,256,270 shares outstanding at December 31, 2005, earnings per share excluding profit (loss) on sales of non-current assets amounted to EUR 3.85, compared with EUR 3.78 in 2004 (based on 340,988,000 shares), which represents an increase of 1.9%. Based on the number of shares excluding treasury stock outstanding at December 31, 2005 (336,873,109 shares compared with 335,127,590 shares at December 31, 2004), earnings per share excluding profit (loss) on sales of non-current assets amounts to EUR 3.94, reflecting a rise of 2.3% on 2004 (EUR 3.85). |
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