9. Earnings/(loss) per share

Basic earnings/(loss) per share are/is calculated by dividing net profit/(loss) attributable to holders of the Parent’s ordinary shares for a given reporting period by the weighted average number of outstanding ordinary shares in the financial year.

Diluted earnings/(loss) per share are/is calculated by dividing the net profit/(loss) attributable to holders of the ordinary shares for a given reporting period (less interest on redeemable preference shares convertible into ordinary shares) by the weighted average number of outstanding ordinary shares in the reporting period (adjusted for the effect of dilutive options and dilutive redeemable preference shares convertible into ordinary shares).

  Year ended Dec 31 2014 Year ended Dec 31 2013
Net profit/(loss) attributable to owners of the parent 2,823 1,918
Net profit/(loss) attributable to owners of the parent used to calculate diluted earnings/(loss) per share 2,823 1,918
Weighted average number of outstanding ordinary shares used to calculate basic earnings/(loss) per share 5,900 5,900
Weighted average number of outstanding ordinary shares used to calculate diluted earnings/(loss) per share 5,900 5,900
Basic earnings/(loss) per share for the year, attributable to holders of ordinary shares of the parent (PLN)  0.48  0.33
Diluted earnings/(loss) per share for the period, attributable to holders of ordinary shares of the parent (PLN)  0.48  0.33
 

The weighted average number of shares was computed in the manner presented in the table below:

Beginning of the period End of the period Number of outstanding ordinary shares (million) Number of days Weighted average number of shares
(million)
Dec 31 2014  
01-01-2014 Dec 31 2014 5,900 365 5,900
Total     365 5,900
         
Dec 31 2013  
01-01-2013 Dec 31 2013 5,900 365 5,900
Total     365 5,900