TomTom reports second quarter 2011 results

The effects of non-recurring items such as impairment (if any) are excluded from management’s measurement basis. Interest income and expenses and tax are not allocated to segments. A reconciliation of the segments’ performance measure (EBIT) to the group’s operating result is presented below.

         
(in € millions)   H1 '11   H1 '10
         
Group EBIT   36.1   66.6
Impairment charge -511.9 0
Interim financial statements EBIT   -475.8   66.6

4. Remuneration policy for members of the Management Board

This note should be read in conjunction with note 7 Employee Benefits in the Annual Report for 2010. In accordance with the Remuneration Policy, remuneration for the Management Board consists of four components: base-salary, short-term incentive, long-term incentive and pension. The long-term incentive component is set out in the 2009 Stock Option Plan as amended following the 2011 AGM. In May 2011, each of the Management Board members was granted 150,000 new share options under this plan.

5. Earnings per share

The calculation of basic and diluted earnings per share is based on the following data:

         
    H1 ‘11   H1 ‘10
         
Earnings (in € thousands)    
Earnings (net result attributable to equity holders) -478,667 36,801
 
Number of shares (in thousands)
Weighted average number of ordinary shares for basic EPS 221,861 221,718
 
Effect of dilutive potential ordinary shares (in thousands)
Share options and restricted stocks 1,467 222
Weighted average number of ordinary shares for diluted EPS   223,328   221,940

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Editorial
Jobs
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Principal Engineer for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Upcoming Events
FABTECH Orlando 2024 at Orange County Convention Center Orlando FL - Oct 15 - 17, 2024
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Automate 2025 at Detroit, Michigan, USA MI - May 12 - 15, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise