Basic earnings per share are calculated by dividing the net result attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.
| 2014 | 2013 |
Net result attributable to shareholders | 133,154 | (941) |
Weighted average number of ordinary shares | 1,036,492 | 1,007,735 |
Basic earnings (€ per share) | 128.47 | (0.93) |
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The Residential Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.