28 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 year, excluding treasury shares. The Bank has no dilutive potential ordinary shares; therefore the diluted earnings per share equals the basic earnings per share.

In millions of Russian Roubles 2010 2009
Profit for the year attributable to the shareholders of the Bank 182,131 24,396
Less preference dividends declared (450) (630)
Profit attributable to the ordinary shareholders of the Bank 181,681 23,766
Weighted average number of ordinary shares in issue (millions) 21,587 21,585
Earnings per ordinary share, basic and diluted (expressed in RR per share) 8.42 1.10

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