10. EARNINGS PER SHARE

The following table is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations and shows the basic and fully diluted earnings per ordinary and preference share, retroactively considering the share split of Fresenius SE (formerly: Fresenius AG) entered into the commercial register on January 24, 2007, for the years ending December 31.

in million €, except amounts per share (€)	2007	2006
Numerators
Net income	410	330
less preference on preference shares	1	1
less effect from dilution due to Fresenius Medical Care shares	1	1
Income available to all classes of shares	408	328
Denominators (number of shares)
Weighted-average number of ordinary shares outstanding	77,394,080	76,503,006
Weighted-average number of preference shares outstanding	77,394,080	76,503,006
Weighted-average number of shares outstanding of all classes	154,788,160	153,006,012
Potentially dilutive ordinary shares	792,851	758,400
Potentially dilutive preference shares	792,851	758,400
Weighted-average number of shares outstanding of all classes    assuming dilution	156,373,862	154,522,812
Weighted-average number of ordinary shares outstanding assuming    dilution	78,186,931	77,261,406
Weighted-average number of preference shares outstanding assuming    dilution	78,186,931	77,261,406
Basic earnings per ordinary share	2.64	2.15
Preference per preference share	0.01	0.01
Basic earnings per preference share	2.65	2.16
Fully diluted earnings per ordinary share	2.61	2.12
Preference per preference share	0.01	0.01
Fully diluted earnings per preference share	2.62	2.13

The owners of preference shares are entitled to a preference of € 0.01 per bearer preference share per fiscal year.