Integrated
Report 2022

15. Earnings/(loss) per share

Basic earnings per share are calculated by dividing net profit for the period assigned to regular shareholders of the Group by the weighted average number of ordinary shares issued and outstanding during the period.

Diluted earnings per share are calculated by dividing net profit for the period assigned to regular shareholders of the Group by the weighted average number of ordinary shares issued and outstanding during the period.

2022 2021
Net profit attributable to owners of the parent 678,356 594,638
Weighted average number of ordinary shares assumed for the calculation of earnings per ordinary share 9,650,152 9,644,757
Weighted average number of ordinary shares assumed for the calculation of diluted earnings per ordinary share 9,650,666 9,666,851
Basic earnings per share from the basic profit for the period attributable to owners of the parent (in PLN) 70.29 61.65
Diluted earnings per share from the basic profit for the period attributable to owners of the parent (in PLN) 70.29 61.50

In 2022, no shares were acquired within the management share option plans.

In 2021, the eligible employees acquired 20,795 shares of Grupa Kęty S.A. under the 2015 plan.

The said figures were taken into consideration in the calculation of the weighted average number of (taken up) shares and of the weighted average number of potential shares.

The potential number of ordinary shares, determined in accordance with IAS 33, associated with the employee options plan increasing the number of shares and assumed for the calculation of diluted earnings per share is 514 (in 2021: 22,094)

The said figures were taken into consideration in the calculation of the weighted average number of (taken up) shares and of the weighted average number of potential shares.

The period for exercising the rights to acquire shares expires after 36 months from the date of acquiring the rights. See note 23.1 for more information about the options plan. The average market price for the Company shares in 2022 was PLN 568.14 (in 2021: PLN 599.71).