19 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.

Net result attributable to shareholders11,18547,149
Weighted average number of ordinary shares242,239232,086
Basic earnings per share (€ per share)46.76203.15
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The 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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