Notes to the consolidated financial statements
Download note18. Earnings per share
Basic earnings per share are calculated by dividing the net profit for a given period attributable to equity holders of the Bank by the weighted average number of ordinary shares outstanding during the period.
Presented below is information about the profit and shares which served as the basis for calculation of the basic earnings per share:
| Period | Period | |
|---|---|---|
| from 01.01.2016 | from 01.01.2015 | |
| to 31.12.2016 | to 31.12.2015 | |
| Net profit (loss) attributable to equity holders of the parent (PLN’000) | 2 510 | 33 931 |
| Weighted average number of ordinary shares | 11 013 288 | 10 005 241 |
| Earnings per share (PLN) | 0,23 | 3,39 |
Diluted earnings per share
In the current reporting period and in prior years, the Bank did not issue any convertible bonds or share options. The share capital is composed of ordinary shares only (no shares with preference for profit distribution). Consequently, diluted earnings per share are equal to basic earnings per share. In the period from the end of the financial year and the date of preparation of these consolidated financial statements, there were no other transactions involving ordinary shares or potential ordinary shares.