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Earnings per Ordinary Share (Tables)
 12 Months Ended
Dec. 31, 2019
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Summary of Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per Ordinary Share is set out below:
 
 
  
2019
€
m
 
 
  
2018
€
m
 
 
  
2017
€
m
 
 
Numerator computations
  
 
 
 
  
 
 
 
  
 
 
 
Group profit for the financial year
  
 
1,948
 
  
 
2,521
 
  
 
1,919
 
Profit attributable to
non-controlling
interests
  
 
(19)
 
  
 
(4)
 
  
 
(24)
 
Profit attributable to equity holders of the Company
  
 
1,929
 
  
 
2,517
 
  
 
1,895
 
Preference dividends
  
 
-
 
  
 
-
 
  
 
-
 
Profit attributable to ordinary equity holders of the Company - numerator for basic/diluted
earnings per Ordinary Share
  
 
1,929
 
  
 
2,517
 
  
 
1,895
 
Profit after tax for the financial year from discontinued operations - attributable to equity holders
of the Company
  
 
309
 
  
 
1,175
 
  
 
245
 
Profit attributable to ordinary equity holders of the Company - numerator for basic/diluted
earnings per Ordinary Share from continuing operations
  
 
1,620
 
  
 
1,342
 
  
 
1,650
 
Denominator computations
  
 
 
 
  
 
 
 
  
 
 
 
Weighted average number of Ordinary Shares (millions) outstanding for the year (i)
  
 
801.3
 
  
 
832.4
 
  
 
835.6
 
Effect of dilutive potential Ordinary Shares (employee share options) (millions) (i) (ii)
  
 
6.4
 
  
 
4.2
 
  
 
5.2
 
Denominator for diluted earnings per Ordinary Share
  
 
807.7
 
  
 
836.6
 
  
 
840.8
 
Basic earnings per Ordinary Share
  
 
240.7c
 
  
 
302.4c
 
  
 
226.8c
 
Diluted earnings per Ordinary Share
  
 
238.8c
 
  
 
300.9c
 
  
 
225.4c
 
Basic earnings per Ordinary Share from continuing operations
  
 
202.2c
 
  
 
161.2c
 
  
 
197.4c
 
Diluted earnings per Ordinary Share from continuing operations
  
 
200.6c
 
  
 
160.4c
 
  
 
196.2c
 
 
(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 3,618,278 at 31 December 2019, 7,274,916 at 31 December 2018 and 5,710,247 at 31 December 2017) 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.