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19

Earnings per share

Amounts in MNOK 2007 2006 2005
       
The net profit for the year attributable to the shareholders      
Profit from continuing operations, net after taxes 986 252 215
Minority share of the profit 5 3 2
Profit/(loss), discontinued operations  -  - 47
Net profit for the year/diluted profit attributable to owners of ordinary shares 981 249 260
Profit/(loss) for the year before non-recurring items/diluted profit/loss before non-recurring items that accrue to the owners of ordinary shares 485 249 213
       

Average weighted number of shares outstanding at 31 Dec. in millions of shares (Note 26 "Share capital and premium")

Number of shares 2007 2006 2005
       
Average weighted number of outstanding shares at 1 Jan. 30.00 30.00 30.00
Effect of treasury shares (0.01)  - (0.06)
Average weighted number of ordinary shares at 31 Dec. 29.99 30.00 29.94
Effect of employee share-options  - 0.01 0,03
Average weighted number of shares outstanding at 31 Dec. – diluted 29.99 30.01 29.97
       
Amounts in MNOK 2007 2006 2005
       
Earnings from continuing operations per share 32.71 8.30 7.19
Earnings from continuing operations per share, diluted 32.71 8.30 7.19
       
Earnings per share for the year 32.71 8.30 8.70
Earnings per share for the year, diluted 32.71 8.30 8.69
       
Profit/(loss) for the year per share before non-recurring effects1) 16.17 8.30 7.19
       

1) The non-recurring effects are described in Notes 7, 8 and 11.

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