Adecoagro S.A. | CIK:0001499505 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Adecoagro S.A. (CIK: 0001499505)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1499505/000162828018005268/0001628280-18-005268-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1499505/000162828018005268/agro-20171231.xml
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    • ifrs-full:DisclosureOfEarningsPerShareExplanatory

    Earnings per share

    (a) Basic
     
    Basic earnings per share is calculated by dividing the profit attributable to equity holders of the Group by the weighted average number of shares in issue during the period excluding ordinary shares held as treasury shares (Note 22).
     
    2017
     
    2016
     
    2015
    Profit/(Loss) from operations attributable to equity holders of the Group
    9,972

     
    2,039

     
    (5,593
    )
    Weighted average number of shares in issue (thousands)
    120,599

     
    121,421

     
    120,901

    Basic earnings / (loss) per share from operations
    0.083

     
    0.017

     
    (0.046
    )

     
    (b) Diluted
     
    Diluted earnings per share is calculated by adjusting the weighted average number of shares outstanding to assume conversion of all dilutive potential shares. The Group has two categories of dilutive potential shares: equity-settled share options and restricted units. For these instruments, a calculation is done to determine the number of shares that could have been acquired at fair value, based on the monetary value of the subscription rights attached to outstanding share options. The number of shares calculated as above is compared with the number of shares that would have been issued assuming the exercise of the equity-settled share options. As of December 31, 2017, there were 851 thousands (2016: 1,658 thousands; 2015: 1,701 thousands) share options/restricted units outstanding that could potentially have a dilutive impact in the future but were antidilutive for the periods presented.
     
    2017
     
    2016
     
    2015
    Profit / (Loss) from operations attributable to equity holders of the Group
    9,972

     
    2,039

     
    (5,593
    )
    Weighted average number of shares in issue (thousands)
    120,599

     
    121,421

     
    120,901

    Adjustments for:
     
     
     
     
     
    - Employee share options and restricted units (thousands)
    1,604

     
    1,695

     
    1,445

    Weighted average number of shares for diluted earnings per share (thousands)
    122,203

     
    123,116

     
    122,346

    Diluted earnings / (loss) per share from operations
    0.082

     
    0.017

     
    (0.046
    )