9. Earnings per share [1]
The calculation of basic earnings per share was based on the net profit attributable to ordinary shareholders of the Parent Company and a weighted average number of ordinary shares outstanding at period end and was calculated as follows:
XLS [2]
| For the period 01.01.2014 - 31.12.2014 | For the period 01.01.2013 - 31.12.2013* restated | |
|---|---|---|
| Net profit for the period | 231 350 | 676 948 |
| Issued ordinary shares at the beginning of the period | 99 195 484 | 64 115 444 |
| Effect of shares issued (series D) | - | 35 080 040 |
| Issued ordinary shares at the end of the period | 99 195 484 | 99 195 484 |
| Weighted average number of ordinary shares in the period | 99 195 484 | 97 753 839 |
| Earnings per share: | ||
| Basic (PLN) | 2,33 | 6,93 |
| Diluted (PLN) | 2,33 | 6,93 |
* Financial information restated due to completion of acquisition accounting of African Investment Group S.A., as presented in point 1.2.1 in the Notes [3].
Diluted earnings per share
There are no dilutive potential ordinary shares causing the dilution of earnings per share.