15. Basic and diluted earnings per share

At the reporting date, the Company did not have any financial instruments that could have a dilutive effect, therefore the diluted earnings per share are equal to basic earnings per share.

for the year ended
31 December 2013 31 December 2012
Net profit 525,445 598,298
Weighted average number of ordinary and preference shares in the period 348,352,836 348,352,836
Earnings per share in PLN (not in thousands) 1.51 1.72