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13.1 Earnings per share

 
Euro thousands

FY 2006

FY 2005

Group profits (losses) for the period (A)  (Euro thousands)

90,105

80,347

weighted average number of shares in circulation for the purposes of calculating earnings (losses) per share:

 

 

- base (B)

1,013,931,574

840,388,396

- diluted (C) 

1,013,931,574

840,388,396

 Earnings (losses) per share (in Euro)

 

 

- base (A/B) 

0.089

0.096

- diluted (A/C) 

0.089

0.096

The base earnings per share is calculated on the economic result attributable to holders of ordinary shares of the parent company. The diluted earnings per share is equal to the base earnings in that no share categories exist other than ordinary shares and there are no instruments convertible to shares. The weighted average number of shares in circulation in 2006, with respect to the previous period, changed following an increase in capital from the merger with Meta on 31 December 2005 and as a result of the purchase and sale of own shares during the 2006 financial period.

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