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15 Earnings per share
Basic and diluted earnings per share are calculated by dividing the profit attributable to owners of the parent by the weighted average number of ordinary shares outstanding during the year. Since the Company has not granted any options, there is no dilution. The average number of shares has been adjusted with treasury shares, 421,474 shares (2012: 485,000), as described in note 26.
2013 2012
Profit attributable to owners of the parent, MEUR 523 157
Weighted average number of ordinary shares in issue (thousands) 255,967 255,919
Earnings per share basic and diluted (euro per share) 2.04 0.61