21. Earnings Per Share
The calculation of earnings per share was based on the profit attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding during the year. The Company has no dilutive potential ordinary shares.
Number of shares unless otherwise stated
| Ordinary shares 31 December 2011 |
Ordinary shares 31 December 2010 |
|
|---|---|---|
| Authorized shares | 42,217,941,468 | 42,217,941,468 |
| Par value (in RUB) | 0.10 | 0.10 |
| Weighted average number of shares | 42,217,941,468 | 42,217,941,468 |
| Profit for the year attributable to shareholders | 5,531,533 | 5,097,201 |
| Earning per share (in RUB): basic and diluted | 0.13 | 0.12 |
Return to Notes to the Consolidated Financial Statements for the year ended 31 December 2011