The profit or loss for the period in financial year 2021/22 was €−331 million, €286 million lower than the profit or loss for the period of the previous year (2020/21: €−45 million). Impairments of more than €−600 million had a negative impact here. They resulted from currency-related negative effects in the financial result (mainly non-cash), effects from the sale of the Belgian business (transformation costs in the amount of €125 million, partly cash-effective) and impairments. Without these impairments, the profit or loss for the period would have increased significantly.
After deduction of the profit shares attributable to non-controlling interests, the profit or loss for the period attributable to the shareholders of METRO AG is €−334 million (2020/21: €−56 million).
On this basis, METRO achieved earnings of €−0.92 per share in financial year 2021/22 (2020/21: €−0.15). Without the aforementioned impairments, EPS would have risen. The calculation for the reporting period was based on a weighted number of 363,097,253 shares. Profit or loss for the period attributable to shareholders of METRO AG was distributed according to this number of shares. There was no dilution from so-called potential shares in financial year 2021/22 or in the previous year.