25. Earnings per share
Calculation of the basic and diluted earnings per share is based on the following data:
| In EUR | 2019 | 2018 | ||
|---|---|---|---|---|
| Net income/(loss) attributable to Group equity holders | 7 987 606 | –1 715 727 | ||
| Weighted average number of shares | 7 050 798 | 7 052 656 | ||
| Basic earnings/loss per share | 1.13 | –0.24 | ||
| Weighted average number of shares for diluted earnings per share | 7 050 798 | 7 052 656 | ||
| Diluted earnings per share | 1.13 | –0.24 |
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.