Earnings (Losses) Per Share

12 Months Ended

Dec. 31, 2018

35	EARNINGS (LOSS) PER SHARE

Basic earnings per common share have been calculated by dividing the profit for the year attributable to the Group’s common shareholders by the weighted average number of common shares outstanding during the year. Diluted earnings per common share have not been calculated because there are no common shares or potential dilutive investment shares (i.e., financial instruments or agreements giving the right to obtain common or investment shares); therefore, it is the same as basic earnings per share. The basic gain (loss) per common share results as follows:


	2016			2017 (as Restated)			2018
(Loss) earnings per share attributable to owners of the Company during the year		(509,699	)		148,738			(83,188	)

Weighted average number of shares in issue at S/1.00 each, at December 31,		660,053,790			660,053,790			729,434,192

Basic (loss) earnings per share (in S/) (*)		(0.772	)		0.225			(0.125	)


	2016			2017 (as Restated)			2018
(Loss) earnings per share from continuing operations attributable to owners of the Company during the year		(604,361	)		(66,577	)		(102,486	)

Weighted average number of shares in issue at S/1.00 each, at December 31,		660,053,790			660,053,790			729,434,192

Basic (loss) earnings per share (in S/) (*)		(0.916	)		(0.101	)		(0.154	)

(*)

The group does not have common shares with dilutive effects at December 31, 2016, 2017 and 2018.