18 Earnings per share 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. 20172016Net result attributable to shareholders61,05964,250Weighted average number of ordinary shares320,367297,989Basic earnings per share (€ per share)190.59215.61The Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share. Share this article