Basic earnings per share are calculated by dividing consolidated net profit by the weighted average number of shares in circulation during the financial year. To calculate the average number of shares, the shares bought back and reissued for the employee share programmes are included pro rata temporis. To calculate diluted earnings per share, the maximum number of common shares which can be issued when conversion rights from the convertible bond issued by Deutsche Lufthansa AG on 4 January 2002 are exercised are also added to the average. At the same time, the net profit or loss for the period is increased by the costs incurred for the convertible bond. Following the partial redemption of the convertible bond in 2010, the maximum number of shares that could arise on conversion was 336,404 as of year-end (previous year: 2,524,622).

Due to the amendment of IAS 39 and the ensuing adjustment of the figures for the previous year, earnings per share for 2009 (basic and diluted) were restated from EUR –0.24 per share to
EUR –0.07 per share.

As the parent company of the Group, Deutsche Lufthansa AG reported distributable earnings of EUR 275m for the 2010 financial year. The Executive Board and Supervisory Board will table a proposal at the Annual General Meeting to be held on 3 May 2011 to pay a dividend of EUR 0.60 per share from this distributable profit.

No dividend was paid in 2010 for the 2009 financial year.