Earnings
per share

Basic earnings per share

The basic earnings per share ratio is calculated on the basis of profit attributable to ordinary shareholders of the Bank, by dividing the respective profit by the weighted average number of ordinary shares outstanding during a given period.

Earnings per share

  2011 2010
Profit per ordinary shareholder (in PLN thousand) 3 807 195 3 216 883
Weighted average number of ordinary shares during the period (in thousand) 1 250 000 1 250 000
Earnings per share (in PLN per share) 3,05 2,57

Earnings per share from discontinued operations

In the periods ended 31 December 2011 and 31 December 2010, the Group did not report any discontinued operations.

Diluted earnings per share

The diluted earnings per share ratio is calculated on the basis of profit attributable to ordinary shareholders, by dividing the respective profit by the weighted average number of ordinary shares outstanding during a given period, adjusted for the effect of all potential dilutive ordinary shares.

There were no dilutive instruments in the year 2011 and 2010.

Diluted earnings per share from discontinued operations

In the periods ended 31 December 2011 and 31 December 2010 the Group did not report any discontinued operations.