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.
| | 2018 | 2017 |
Net result attributable to shareholders | 75,962 | 71,746 |
Weighted average number of ordinary shares | 284,525 | 258,105 |
Basic earnings per share (€ per share) | 266.98 | 277.97 |
The Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.