12. Earnings per Share

Earnings per share is calculated by dividing the profit attributable to equity holders of the company by the weighted average number of ordinary shares outstanding during the year.

2015

Pro forma
2014

2014

Result for the year attributable to equity holders of the parent, in thousands of EUR

212,730

161,203

161,203

Average number of outstanding ordinary shares (attributable to equity holders of the parent)

252,427,917

250,748,330

12,537,417

Diluted average number of outstanding ordinary shares (attributable to equity holders of the parent)

254,443,792

250,748,330

12,537,417

Earnings per share, basic (in EUR per share)

0.84

0.64

12.86

Earnings per share, diluted (in EUR per share)

0.84

0.64

12.86

On 20 January 2015 the Group issued 241,721,553 ordinary shares. Pro forma EPS for 2014 is calculated based on this for comparison reasons.