Basic earnings per share are calculated by dividing the net profit attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.
| | 2017 | 2016 |
Net result attributable to shareholders | 71,746 | 30,506 |
Weighted average number of ordinary shares | 258,105 | 258,054 |
Basic earnings per share (€ per share) | 277.97 | 118.22 |
The Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.