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29. Earnings per Share

Basic earnings per share is calculated by dividing the profit attributable to shareholders of the Bank by the weighted average number of ordinary shares in issue during the period, excluding treasury shares. The Bank has no dilutive potential ordinary shares; therefore the diluted earnings per share equals the basic earnings per share.

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In billions of Russian Roubles 2012 2011
Profit for the reporting period attributable to the shareholders of the Bank 348.8 316.2
Less preference dividends declared (2.6) (1.1)
Profit attributable to the ordinary shareholders of the Bank 346.2 315.1
Weighted average number of ordinary shares in issue (billions) 21.6 21.6
Earnings per ordinary share, basic and diluted (expressed in RUB per share) 16.03 14.59
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29. Earnings per Share
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