Basic earnings per share are calculated by dividing the net profit attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.
| | 2017 | 2016 |
Net result attributable to shareholders | 61,059 | 64,250 |
Weighted average number of ordinary shares | 320,367 | 297,989 |
Basic earnings per share (€ per share) | 190.59 | 215.61 |
The Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.