Integrated
Annual Report 2011

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Grupa LOTOS S.A. - Integrated Annual Report 2011
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15. Earnings per share

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Earnings per share for each period are calculated by dividing the profit from continuing operations for a given period by the weighted average number of shares in the period.

  Year ended
Dec 31 2011
Year ended
Dec 31 2010
Profit from continuing operations attributable to owners of the Parent (PLN ‘000) (A) 648,994 679,180
Weighted average number of shares (in thousands) (B) 129,873 129,873
Earnings per share (PLN) (A/B) 5.00 5.23

The Group does not present diluted earnings per share, since it has no instruments with a dilutive effect.

This is a translation of a document originally issued in Polish.