Basic earnings per share are calculated by dividing the net result attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.
| | 2015 | 2014 |
Net result attributable to shareholders | 347,475 | 133,154 |
Weighted average number of ordinary shares | 1,086,707 | 1,036,492 |
Basic earnings (€ per share) | 319.75 | 128.47 |
The Residential Fund has no potentially dilutive ordinary shares. Therefore, the diluted earnings per share are the same as the basic earnings per share.