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.
| 2014 | 2013 |
Net result attributable to shareholders | 11,185 | 47,149 |
Weighted average number of ordinary shares | 242,239 | 232,086 |
Basic earnings per share (€ per share) | 46.76 | 203.15 |
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The Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.