12. Earnings per share

Notes to the Consolidated Financial Statements

12. Earnings per share

Basic earnings per share are calculated by dividing the earnings before tax for the accounting period attributable to the parent company’s shareholders by the weighted average of shares outstanding during the accounting period. Own shares held by the company are not included in the calculation of the weighted average of shares outstanding.

   

(Adjusted)

 

2016

2015

Profit for the period attributable to parent company shareholders (€ 000)

   

 

   

Continuing operations

4,064 4,245

Discontinued operations

75,842 1,099

Continuing and discontinued operations, total

79,906 5,345

 

   

Weighted average number of shares during the period

20,738,761 20,768,097

 

   
Earnings per share, EUR, continuing operations (basic and diluted EPS) 0.20 0.20
     
Earnings per share, EUR, discontinued operations (basic and diluted EPS) 3.63 0.05
     
Earnings per share, EUR, continuing and discontinued operations (basic and diluted EPS) 3.83 0.25
     

There was no dilution effect in 2016 and 2015.