15. Basic and diluted earnings per share

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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 2016 31 December 2015
Net profit1,021.01,163.4
Weighted average number of ordinary and preference shares in the period639,546,016639,546,016
Earnings per share in PLN (not in millions)1.601.82