28. Earnings/(Loss) per Share

Year ended
Dec 31 2008
Year ended
Dec 31 2007
(audited) (audited)
Net profit/(loss) attributable to equity holders of the parent (PLN ‘000) (A) (453,906) 777,160
Weighted average number of shares (in thousands) (B) 113,700 113,700
Earnings/(loss) per share (PLN) (A/B) 3.99 6.84

Net earnings/(loss) per share for each period are calculated by dividing the net profit/(loss) for a given period by the weighted average number of shares in the period.

The Group does not present diluted earnings/(loss) per share, since there are no outstanding instruments with a dilutive effect.