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Exhibit 11.1
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
COMPUTATION OF PER SHARE EARNINGS
For the Years Ended December 31, 2010, 2009, and 2008
(In Thousands of Euros, Except for Per Share Amounts)
COMPUTATION OF PER SHARE EARNINGS
For the Years Ended December 31, 2010, 2009, and 2008
(In Thousands of Euros, Except for Per Share Amounts)
BASIC EPS | ||||||||||||
2010 | 2009 | 2008 | ||||||||||
Net loss per financial statements | E | (11,428 | ) | E | (10,186 | ) | E | (6,938 | ) | |||
Weighted average shares outstanding | 202,059,230 | 195,728,698 | 191,949,969 | |||||||||
Basic earnings (loss) per share | E | (.06 | ) | E | (.05 | ) | E | (.04 | ) | |||
DILUTED EPS | ||||||||||||
2010 | 2009 | 2008 | ||||||||||
Net loss per financial statements | E | (11,428 | ) | E | (10,186 | ) | E | (6,938 | ) | |||
Weighted average shares outstanding | 202,059,230 | 195,728,698 | 191,949,969 | |||||||||
Basic earnings (loss) per share | E | (.06 | ) | E | (.05 | ) | E | (.04 | ) | |||