18 Earnings per share

Basic earnings per share are calculated by dividing the net result attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.

 20142013
Net result attributable to shareholders133,154(941)
Weighted average number of ordinary shares1,036,4921,007,735
Basic earnings (€ per share)128.47(0.93)
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The Residential Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.

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