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Annual Report & Accounts 2007
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10 Earnings per share The calculation of basic earnings per share at 31 December 2007 was based on the pro¢t attributable to ordinary shareholders of C16,641,810 (2006: loss of C28,838,575) and a weighted average number of ordinary shares outstanding during the year ended 31 December 2007 of 31,135,762 (2006: 31,135,762), calculated as follows: Pro¢t attributable to ordinary shareholders Year ended 31 December Year ended 31 December In thousands of euro 2007 2006 Pro¢t/(Loss) attributable to ordinary shareholders 16,642 (28,839) Exceptional item ^ 41,546 Pro¢t before exceptional item 16,642 12,707 Weighted average number of ordinary shares Year ended 31 December Period ended 31 December In shares 2007 2006 Issued ordinary shares at beginning of the year 31,135,762 31,135,762 Weighted average number of ordinary shares at end of the year 31,135,762 31,135,762 Earnings per share Year ended 31 December Year ended 31 December In euro 2007 2006 Basic earnings per share 0.534 (0.926) Basic earnings per share before exceptional items 0.534 0.408 Diluted earnings per share The calculation of diluted earnings per share at 31 December 2007 was based on the pro¢t attributable to ordinary shareholders of C16,641,810 (2006:loss of C28,838,575) and a weighted average number of ordinary shares outstanding during the year ended 31 December 2007 of 31,135,762 (2006: 31,135,762), calculated as follows: Pro¢t attributable to ordinary shareholders (diluted) Year ended 31 December Year ended 31 December In thousands of euro 2007 2006 (Loss)/Pro¢t attributable to ordinary shareholders (diluted) 16,642 (28,839) Exceptional item ^ 41,546 Pro¢t before exceptional item 16,642 12,707 23