18 Earnings per share Basic earnings per share are calculated by dividing the net result attributable to shareholders by the weighted average number of ordinary shares outstanding during the year. 20162015Net result attributable to shareholders666,343347,475Weighted average number of ordinary shares1,169,7221,086,707Basic earnings (€ per share)569.66319.75The Residential Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share. Share this article