24. Earnings per share
Calculation of the basic and diluted earnings per share is based on the following data:
| In EUR | 2020 | 2019 | ||
|---|---|---|---|---|
| Net income/(loss) attributable to Group equity holders | –2 172 675 | 7 987 606 | ||
| Weighted average number of shares | 7 052 513 | 7 050 798 | ||
| Basic earnings/loss per share | –0.31 | 1.13 | ||
| Weighted average number of shares for diluted earnings per share | 7 052 513 | 7 050 798 | ||
| Diluted earnings per share | –0.31 | 1.13 |
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.