18. The capital
As of December 31, 2011 the authorized capital of the Company is completely paid for and consists:
| Name | Total quantity in pieces | Nominal value in Rbl. |
|---|---|---|
| Common stocks | 42,217,941,468 | 4,221,794,146.8 |
| Preferred stocks | — | — |
| Total | 42,217,941,468 | 4,221,794,146.8 |
The base earnings per share reflect a part of profit of the accounting period, which can be potentially allocated among shareholders — owners of common stocks. It is calculated as the relation of base profit for the accounting year to the average quantity of common stocks in circulation within the accounting year. The base profit is equal to net profit of the accounting year. Earnings per share, diluted earnings per share are included in the notes to the accounting balance-sheet and in the profit and loss statement in table 2.2.
Return to Explanatory Note for Financial Statements for 2011