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Revenues rose to £2.97bn from £2.67bn in 2009 while basic earnings were 68 per cent higher at 28.4p per share.
First, much of the problem would go away if people paid attention to diluted earnings per share rather than basic earnings per share.
The trouble is that much of the financial news media -- though not this newspaper -- have reported only basic earnings per share, a number that is quite misleading when there are a significant number of outstanding options.
One junior doctor said the move would mean that his pay goes down significantly, from about £31,000 – his basic salary of almost £23,000 plus 40% more for working one evening until 9pm and one weekend in four – to close to his basic earnings.
Basic earnings per ADS were 6.86 yuan ($0.91).
Excluding special items, ongoing basic earnings for the fourth quarter were 24 cents per share, up from 22 cents last year.
Similar(48)
He estimates that median earnings (basic pay and bonus) of the chief executives of Britain's 100 biggest firms rose 9.6% last year to £614,000 ($963,000).
The payout is less than 50% of earnings, with basic earning power of $3.50 a year, which is fair for a $35 piece of paper.
If two people are doing the same task and earning the same basic remuneration on average earnings, the total tax paid to the state for the employee is about £2,000 a year more than for a self-employed contractor, or as much as £3,000 if they are working through their own company.
The earnings of chief executives and directors of "leading organisations" rose 15% to an average of £112,157, in part a result of trends shifting earnings to basic pay and away from bonuses.
By 1961, workers' basic wages had risen to an average of about 73 percent of their total earnings; piece-rate workers saw an average of 71 percent and time workers 76 percent of their earnings as their basic wage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com