technicolor - 2018 Registration document

FINANCIAL STATEMENTS

NOTE 7 EQUITY & EARNINGS PER SHARE

Earnings (Loss) per share

7.3

the Company’s stock at the average market price of the period or the period the securities were outstanding.

Basic earnings per share are calculated by dividing income (loss) attributable to ordinary equity holders of the parent entity by the weighted-average number of shares outstanding during the period, excluding treasury shares. Diluted earnings per share is calculated by dividing income (loss) attributable to ordinary equity holders of the parent entity by the weighted-average number of shares outstanding during the period assuming that all potentially dilutive securities were exercised and that any proceeds from such exercises were used to acquire shares of

Potentially dilutive securities comprise: outstanding options, if dilutive; •

the securities to be issued under the Company’s Management • Incentive Plan, to the extent the average market price of the Company’s stock exceeded the adjusted exercise prices of such instruments.

Diluted earnings (loss) per share :

2018

2017* (173)

(67)

Net income (in million euros)

Net (income) loss attributable to non-controlling interest

(1)

1

Net (gain) loss from discontinued operations

(157)

5

Numerator: Adjusted profit “Group share” from continuing operations attributable to ordinary shareholders

(225)

(167)

Basic weighted average number of outstanding shares (‘000)

413,440

412,717

Dilutive impact of stock-option & Free Share Plans

0

963

Denominator: Weighted shares (‘000)

413,440

413,680

2017 amounts are re-presented to reflect the impacts of Discontinued Operations (see note 12). *

Some of stock-options plans have no dilution impact due to stock price but could have a dilution impact in the future depending on the stock price evolution (see details of these plans in note 9.3).

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TECHNICOLOR REGISTRATION DOCUMENT 2018