EX-11.1 5 j0499901exv11w1.txt EXHIBIT 11.1 Exhibit 11.1 STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS COMPUTATION OF PER SHARE EARNINGS For the Years Ended December 31, 2003, 2002, and 2001 (In Thousands of Euros, Except for Per Share Amounts)
BASIC EPS 2003 2002 2001 ----------------- ---------------- ---------------- Net loss per financial statements EURO (2,786) EURO (3,622) EURO (15,701) ================= ================ ================ Weighted average shares outstanding 51,285,044 50,045,658 42,459,784 Basic earnings (loss) per share EURO (.05) EURO (.07) EURO (.37) ================= ================ ================
DILUTED EPS 2003 2002 2001 ----------------- ---------------- ---------------- Net loss per financial statements EURO (2,786) EURO (3,622) EURO (15,701) ================= ================ ================ Weighted average shares outstanding 51,285,044 50,045,658 42,459,784 Diluted earnings (loss) per share* EURO (.05) EURO (.07) EURO (.37) ================= ================ ================
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