12. Earnings per share

Undiluted earnings per share are calculated by dividing parent company profit attributable to equity holders with the weighted average number of shares outstanding. The total number of SATO’s shares at 31 December 2016 was 56,783,067. At the end of the reporting period, SATO held 160,000 of its own shares.

1 Jan-31 Dec 2016 1 Jan-31 Dec 2015
Profit attributable to equity holders of the parent
174.8 126.8
Weighted average of shares
54.3 50.8

Earnings per share (EUR)

3.22 2.49
3.22 2.49