Note 20 - Common stock


Audited by PwC
2010 2009
    DKK million DKK million  
Common stock
Nominal value
A common stock 107  107 
B common stock   543  543   
Common stock at December 31 650  650 
2010 2009
    No. No.  
Shares of common stock
A shares of DKK 10 10,748,720  10,748,720 
B shares of DKK 10   54,251,280  54,251,280   
Shares of common stock at December 31 65,000,000  65,000,000 
Each A share gives an entitlement to 100 votes, while each B share gives an entitlement to 10 votes. The common stock was written down in 2006.
2010 2009
    No. No.  
Shares of common stock in circulation
Shares of stock at January 1 62,175,245  61,956,473 
Sale of treasury stock   766,257  218,772   
Shares of common stock in circulation at December 31 62,941,502  62,175,245 
2010 2009
    DKK million DKK million  
Treasury stock - B stock
Carrying amount
Carrying amount at January 1 1,624  1,791 
Disposals during the year (145) (36)
Other     - (131)  
Carrying amount at December 31 1,479  1,624 
Nominal value
Nominal value at January 1 28  30 
Disposals during the year   (7) (2)  
Nominal value at December 31 21  28 
2010 2009
    No. No.  
Shares of treasury stock
Shares of stock at January 1 2,824,755  3,043,527 
Disposals during the year   (766,257) (218,772)  
Shares of stock at December 31 2,058,498  2,824,755 

2010 2009
    % %  
Percentage of common stock
Percentage of common stock at January 1 4.3% 4.7%
Disposals during the year   (1.1)% (0.4)%  
Percentage of common stock at December 31 3.2% 4.3%
2010 2009
    DKK million DKK million  
Profit basis for earnings per share 1,614  1,194 
2010 2009
     No.  No.  
Average number of shares:
Average shares of stock 62,635,594  62,053,218 
Adjustment for stock options   1,240,108  1,017,809   
Average number of diluted shares 63,875,702  63,071,027 
 
 

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