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FINANCIAL STATEMENTS

4.7 Basic earnings per share

Basic earnings per share are calculated by dividing the Company’s net profits after taxes by the weighted average number
of shares during the year as follows:

Analysis of earnings per share 2009 2008
Profit of the year attributable to shareholders 181.740.152 117.307.328
Average No of shares during the year
Earnings per share for the year 30.000.000 30.000.000
6,06 3,91

There were no new shares issued or existing shares repurchased during the year. The average number of shares remained
unchanged. The Company does not have any potential dilutive instruments.

Financial Statements as at 31 December 2009 (Amounts in Euros unless otherwise stated) PAGE 48 OF 69
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