28. Earnings/(Loss) Per Share


  Year ended
Dec 31 2009
Year ended
Dec 31 2008
    (comparable data)
Net profit/(loss) from continuing operations (PLN ‘000) (A) 900,761 (453,549)
Weighted average number of shares (in thousands) (B)(1) 121,144 121,144
Earnings/(loss) per share (PLN) (A/B) 7.44 (3.74)

(1) Earnings per share were computed on the basis of the weighted average number of shares in the period January 1st – December 31st 2009. In connection with the registration of a share capital increase at Grupa LOTOS S.A. on July 17th 2009, the weighted average number of shares includes new Series C shares issued as part of the new issue (see Note 26). The loss per share for the year ended December 31st 2008 was calculated taking into account the new issue of Series C shares of 2009.

The Group does not present diluted earnings/(loss) per share, since it has no instruments with a potential dilutive effect.

This is a translation of a document originally issued in Polish

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