33 Earnings per share

Basic and diluted earnings per share are calculated in accordance with IAS 33 as follows:

 

 

 

 

 

 

 

2019

2018

2017

Profit attributable to the owners of the parent (net profit (loss))

millions of €

3,867

2,166

3,461

Adjustment

millions of €

0

0

0

ADJUSTED NET PROFIT (LOSS) (BASIC/DILUTED)

millions of €

3,867

2,166

3,461

Number of ordinary shares issued

millions

4,761

4,761

4,722

Treasury shares

millions

(19)

(19)

(19)

ADJUSTED WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES OUTSTANDING (BASIC/DILUTED)

millions

4,743

4,742

4,703

EARNINGS PER SHARE (BASIC/DILUTED)

0.82

0.46

0.74

The calculation of earnings per share (basic/diluted) is based on the time-weighted number of all ordinary shares outstanding. Furthermore, the weighted average number of ordinary shares outstanding is determined by deducting the weighted average number of treasury shares held by Deutsche Telekom AG. There are currently no significant diluting effects.