(in € millions) |
H1 '16 Unaudited |
H1 '15 Unaudited |
|||
Total segment EBIT | 12.0 | -0.7 | |||
Unallocated expenses | -3.6 | -3.8 | |||
Interest result | -0.7 | -0.4 | |||
Other finance result | 0.5 | -2.3 | |||
Result associates | 0.5 | 0.2 | |||
Result before tax | 8.7 | -7.0 | |||
Measures of (non-current) assets and/or liabilities are not provided internally to the chief operating decision maker and hence, no measure of segment assets and/or liabilities is reported.
4. Earnings per share
The calculation of basic and diluted earnings per share is based on the following data:
H1 '16 Unaudited |
H1 '15 Unaudited |
||||
Earnings (in € thousands) | |||||
Earnings (net result attributable to equity holders) | 16,858 | -4,514 | |||
Number of shares (in thousands) | |||||
Weighted average number of ordinary shares for basic EPS | 230,902 | 225,843 | |||
Effect of dilutive potential ordinary shares (in thousands) | |||||
Share options and restricted stocks | 3,785 | 4,564 | |||
Weighted average number of ordinary shares for diluted EPS | 234,687 | 230,407 | |||
5. Goodwill
Goodwill is allocated to operating segments identified according to the core business activities as monitored by management. Within TomTom we have identified four operating segments being Consumer, Automotive, Licensing and Telematics. The recoverable amount of an operating segment is based on the higher of “value in use” or “fair value less cost of disposal” calculations. The “fair value less cost to disposal” resulted in a higher recoverable amount.
In H1 '16 no impairment charge has been recorded (H1 '15: nil). We recorded a €2.5 million adjustment on goodwill in H1 ’16 as the result of an adjustment to the preliminary purchase price allocation related to the Finder acquisition we did in December 2015.
6. Shareholders’ equity
30 June 2016 |
30 June 2016 (in € thousands) Unaudited |
31 Dec 2015 |
31 Dec 2015 (in € thousands) Audited |
||||||
Ordinary shares | 600,000,000 | 120,000 | 600,000,000 | 120,000 | |||||
Preferred shares | 300,000,000 | 60,000 | 300,000,000 | 60,000 | |||||
Total authorised | 900,000,000 | 180,000 | 900,000,000 | 180,000 | |||||
Issued and fully paid
|
232,271,086 | 46,454 | 230,495,981 | 46,099 | |||||