The effects of non-recurring items, such as goodwill impairments (if any) are excluded from management’s measurement basis. Interest income and expenses, and tax are not allocated to segments. A reconciliation of the segments’ performance measure (EBIT) to the group’s result before tax is presented below.

(in € millions)		H1 '16 Unaudited		H1 '15 Unaudited
Total segment EBIT		12.0		-0.7
Unallocated expenses		-3.6		-3.8
Interest result		-0.7		-0.4
Other finance result		0.5		-2.3
Result associates		0.5		0.2
Result before tax		8.7		-7.0

Measures of (non-current) assets and/or liabilities are not provided internally to the chief operating decision maker and hence, no measure of segment assets and/or liabilities is reported.

4. Earnings per share

The calculation of basic and diluted earnings per share is based on the following data:

		H1 '16 Unaudited		H1 '15 Unaudited
Earnings (in € thousands)
Earnings (net result attributable to equity holders)		16,858		-4,514
Number of shares (in thousands)
Weighted average number of ordinary shares for basic EPS		230,902		225,843
Effect of dilutive potential ordinary shares (in thousands)
Share options and restricted stocks		3,785		4,564
Weighted average number of ordinary shares for diluted EPS		234,687		230,407

5. Goodwill

Goodwill is allocated to operating segments identified according to the core business activities as monitored by management. Within TomTom we have identified four operating segments being Consumer, Automotive, Licensing and Telematics. The recoverable amount of an operating segment is based on the higher of “value in use” or “fair value less cost of disposal” calculations. The “fair value less cost to disposal” resulted in a higher recoverable amount.

In H1 '16 no impairment charge has been recorded (H1 '15: nil). We recorded a €2.5 million adjustment on goodwill in H1 ’16 as the result of an adjustment to the preliminary purchase price allocation related to the Finder acquisition we did in December 2015.

6. Shareholders’ equity

		30 June 2016		30 June 2016 (in € thousands) Unaudited		31 Dec 2015		31 Dec 2015 (in € thousands) Audited
Ordinary shares		600,000,000		120,000		600,000,000		120,000
Preferred shares		300,000,000		60,000		300,000,000		60,000
Total authorised		900,000,000		180,000		900,000,000		180,000
Issued and fully paid ordinary shares		232,271,086		46,454		230,495,981		46,099

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