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Earnings per Ordinary Share (Tables)
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per Ordinary Share is set out below:

 

      

2018
m

 

      

2017
m

 

      

2016
m

 

 

Numerator computations

                                

Group profit for the financial year

       2,521          1,919          1,270  

Profit attributable to non-controlling interests

       (4)          (24)          (27)  

Profit attributable to equity holders of the Company

       2,517          1,895          1,243  

Preference dividends

       -          -          -  
Profit attributable to ordinary equity holders of the Company - numerator
for basic/diluted earnings per Ordinary Share
       2,517          1,895          1,243  
Profit after tax for the financial year from discontinued operations        1,085          107          81  
Profit attributable to ordinary equity holders of the Company - numerator
for basic/diluted earnings per Ordinary Share from continuing operations
       1,432          1,788          1,162  

Denominator computations

                                
Weighted average number of Ordinary Shares (millions) outstanding for the year (i)        832.4          835.6          827.8  
Effect of dilutive potential Ordinary Shares (employee share options) (millions) (i) and (ii)        4.2          5.2          6.1  

Denominator for diluted earnings per Ordinary Share

       836.6          840.8          833.9  

Basic earnings per Ordinary Share

       302.4c          226.8c          150.2c  

Diluted earnings per Ordinary Share

       300.9c          225.4c          149.1c  

Basic earnings per Ordinary Share from continuing operations

       172.0c          214.0c          140.4c  

Diluted earnings per Ordinary Share from continuing operations

       171.2c          212.7c          139.4c  

 

(i)

The weighted average number of Ordinary Shares included in the computation of basic and diluted earnings per Ordinary Share has been adjusted to exclude shares held by the Employee Benefit Trust and Ordinary Shares repurchased and held by the Company (CRH plc) as Treasury Shares given that these shares do not rank for dividend. The number of Ordinary Shares so held at the balance sheet date is detailed in note 31.

 

 

(ii)

Contingently issuable Ordinary Shares (totalling 7,274,916 at 31 December 2018, 5,710,247 at 31 December 2017 and 3,095,404 at 31 December 2016) are excluded from the computation of diluted earnings per Ordinary Share where the conditions governing exercisability have not been satisfied as at the end of the reporting period or they are antidilutive for the periods presented.