Integrated report 2021

20.7 Earnings per share

ACCOUNTING RULES

Earnings per share

Earnings per share for each period is calculated by dividing profit or loss attributable to equity holders of the parent company by the weighted average number of shares outstanding during the reporting period.

The Company calculates diluted net earnings per share by dividing the net profit or loss attributable to ordinary equity holders of the Company (after deduction of interest on redeemable convertible preference shares) by the weighted average number of shares outstanding during the period (adjusted by the number of dilutive options or dilutive redeemable convertible preference shares).

During the current and comparative reporting period there was no dilutive effect on earnings per share.

Year ended December 31, 2021 Year ended December 31, 2020
NET PROFIT/(LOSS) ATTRIBUTABLE TO: 3,945 148
equity holders of the parent company 3,972 110
non-controlling interests (27) 38
NET PROFIT / (LOSS) ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE COMPANY USED TO CALCULATE EARNINGS PER SHARE 3,972 110
Number of ordinary shares at the beginning of the reporting period 1,869,760,829 1.869,760,829
Number of ordinary shares at the end of the reporting period 1,869,760,829 1.869,760,829
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES USED TO CALCULATE EARNINGS / (LOSS) PER SHARE 1,869,760,829 1.869,760,829
EARNINGS AND DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT (IN PLN) 2.12 0.06
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