8.Earnings per share

Basic earnings per share amounts are calculated by dividing net profit for the year attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year.

Diluted earnings per share amounts are calculated by dividing the net profit attributable to ordinary equity holders of the parent adjusted for the effect of any potential share exercise by the weighted average number of ordinary shares outstanding during the year plus the weighted average number of ordinary shares that would be issued on conversion of all the dilutive potential ordinary shares into ordinary shares.

The following reflects the income and share data used in basic and diluted earnings per share computations for the years ended December 31:


	2016	2017	2018
Net profit attributable to ordinary equity holders of the parent for basic earnings	2,474	3,114	3,584
Weighted average number of ordinary shares for basic earnings per share	60,477,840	60,755,706	61,202,710
Effect of share-based payments	167,197	404,357	522,116
Weighted average number of ordinary shares for diluted earnings per share	60,645,037	61,160,063	61,724,826
Earnings per share:
Basic, profit attributable to ordinary equity holders of the parent	40.91	51.25	58.56
Diluted, profit attributable to ordinary equity holders of the parent	40.79	50.92	58.06

There have been no other transactions involving ordinary shares or potential ordinary shares between the reporting date and the date of completion of these financial statements.