Annual Report 2023

17. Earnings per share

Basic earnings per share

Basic earnings per share are calculated by dividing the net profit attributable to equity holders of the Bank by the weighted average number of the ordinary shares outstanding during the period.

2023 2022
Net profit 6,578 1,717
Weighted average number of ordinary shares in the period 262,470,034 262,470,034
Earnings per share (in PLN per share) 25.06 6.54

Diluted earnings per share

Diluted earnings per share are calculated by dividing the net profit attributable to equity holders of the Bank by the weighted average number of the ordinary shares outstanding during the given period adjusted for all potential dilution of ordinary shares.

As at 31 December 2023 and 31 December there were no diluting instruments in the Group.

2023 2022
Net profit 6,578 1,717
Weighted average number of ordinary shares in the period 262,470,034 262,470,034
Weighted average number of ordinary shares for the purpose of calculation of diluted earnings per share 262,470,034 262,470,034
Diluted earnings per share (in PLN per share) 25.06 6.54

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