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.
| | 2016 | 2015 |
Net result attributable to shareholders | 64,250 | 32,150 |
Weighted average number of ordinary shares | 297,989 | 276,024 |
Basic earnings per share (€ per share) | 215.61 | 116.48 |
The Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.