2007 - Pinguely Haulotte

2007
annual report # p109-110
Consolidated financial statements of December 31st, 2007
Note 41 - Earnings per share
Basic earnings per share are calculated by dividing the profit attributable to the shareholders of the Group by the weighted average
number of shares outstanding during the year, excluding shares purchased by the Group and held as treasury shares.
Diluted earnings per share are calculated by adjusting the weighted average number of shares outstanding in order to take into
account all diluted potentiel shares, and notably stock options. A calculation is made to determine the number of shares that could
have been acquired at fair value (annual average market share price of the Group’s share) based on the monetary value of subscription
rights attached to outstanding stock options. The resulting number of shares is then compared with the number of shares that would
have been issued if the options had been exercised.
2007 2006
Net profit in thousands of euros 71 005 60 392
Total number of shares 34 434 000 34 282 340
Earnings per share 828 292 99 446
Number of shares used to calculate basic earnings per share 33 605 708 34 182 894
Adjustment for stock option plans 40 317 139 195
Number of shares used to calculate diluted earnings per share 33 646 025 34 322 089
Earnings-per-share attributable to shareholders
- Basic earnings per share 2,113 1,767
- Diluted earnings per share 2,110 1,760
Note 42 - Segment reporting
Analysis of sales by segment
By business segment
31/12/2007 31/12/2006
Sales of handling and lifting equipment 557 033 86% 437 998 84%
Rental of handling and lifting equipment 63 073 10% 58 243 11%
Services (1) 28 026 4% 23 034 4%
Consolidated sales
(1) Notably spare parts and repairs and financing
648 132 100% 519 276 100%
By geographical segment
31/12/2007 31/12/2006
- Europe 574 067 89% 468 125 90%
- Rest of the world 74 065 11% 51 151 10%
Consolidated sales 648 132 100% 519 276 100%
The regional breakdown is based on the location of clients.
Primary segment information: results by business line
At December 31st, 2007, the Group was organized into three main business units:
- The manufacture and sale of lifting equipment;
- Lifting equipment rental;
- Services (spare parts, repairs and financing).
The category "Other" covers items not included in the three Group's primary businesses as well as inter-segment activities.
Segment information under "Equipment rental" concerns primarily assets and liabilities held for sale.