11. Earnings per share

  Year ended
Dec 31 2013
Year ended
Dec 31 2012
Net profit attributable to owners of the Parent (PLN ‘000) (A) 39,415 927,849
Weighted average number of shares (’000) (B) 129,873 129,873
Earnings per share (PLN) (A/B) 0.30 7.14

Earnings per share for each reporting period are calculated by dividing net profit for a given reporting period by the weighted average number of shares in the reporting period.

Diluted earnings per share are equal to basic earnings per share since the Group carries no instruments with a dilutive effect.