27. Earnings per share
Calculation of the basic and diluted earnings per share is based on the following data:
| In EUR | 2017 | 2016 | ||
|---|---|---|---|---|
| Net income/(loss) attributable to Group equity holders | 1 630 534 | –2 747 481 | ||
| Weighted average number of shares | 6 995 564 | 6 376 494 | ||
| Basic earnings/loss per share | 0.23 | –0.43 | ||
| Weighted average number of shares for diluted earnings per share | 6 995 564 | 6 376 494 | ||
| Diluted earnings per share | 0.23 | –0.43 |
Basic earnings per share (EPS) are calculated by dividing the net income attributable to shareholders of Precious Woods Holding by the weighted average number of shares outstanding during the year. For diluted EPS, the weighted average number of shares outstanding is adjusted to assume conversion of all potentially dilutive shares arising from options on Precious Woods shares.