Annual report 2012

12. Earnings per share

Earnings per share are calculated by dividing the profit attributable to holders of ordinary shares by the weighted average number of ordinary shares in issue during the year.

The weighted average of ordinary shares in issue during the year is calculated in respect of shares in issue during the period, taking into account any possible redemptions and sales in that period and the period during which these shares generated profit.

Diluted earnings per share are not calculated, as the parent company holds no adjustable potential ordinary shares.

EUR thousand 2012 2011
Net profit attributable to holders of ordinary shares of the parent company 43,687 34,011
Weighted average number of ordinary shares for net earnings per share 6,505,478 6,505,478

Own shares were not included in the calculation of the weighted average number of shares. 


Weighted average number of ordinary shares

EUR thousand 2012 2011
Weighted average number of ordinary shares for net earnings per share 6,535,478 6.535.478
Less the Company’s own shares -30,000 -30,000
Total 6,505,478 6,505,478