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ANNUAL
REPORT
2018

4.8. Earnings/(loss) per share

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Basic earnings/(loss) per share

Basic earnings/(loss) per share are calculated as the quotient of earnings/(loss) attributable to shareholders of the Parent Company and the weighted average number of ordinary shares during the year.

Diluted earnings/(loss) per share

Diluted earnings/(loss) per share are calculated by adjusting the weighted average number of common shares in a manner allowing for a potential complete conversion into common shares causing dilution. The Parent Company has no instruments that would cause dilution of the potential common shares. Accordingly, diluted earnings/(loss) per share are equal to the basic earnings/(loss) per share of the Parent Company.

2018 2017
Net profit attributable to shareholders of the Parent Company 1,737.1 2,538.9
Weighted average number of common shares 117,411,596 117,411,596
BASIC AND DILUTED EARNINGS PER SHARE (IN PLN PER SHARE) 14.80 21.62

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