Basic and diluted earnings per share are calculated by dividing the profit attributable to shareholders of PagSeguro Group by the weighted average number of common shares issued and outstanding during the year:
|
| December 31, |
| |||||||||
|
| 2017 |
|
| 2016 |
|
| 2015 |
| |||
Profit attributable to owners of the Company |
|
| 478,781 |
|
|
| 127,186 |
|
|
| 35,084 |
|
Weighted average number of common shares |
|
| 262,288,607 |
|
|
| 262,288,607 |
|
|
| 262,288,607 |
|
Basic and diluted earnings per share - in reais |
|
| 1.8254 |
|
|
| 0.4849 |
|
|
| 0.1338 |
|
|
|
|
|
|
|
|
|
|
|
|
|
The denominator was retrospectively adjusted for the issuance of new shares as a result of the reorganization of companies under common control, as further described in Note 1, as well as to the reverse share split approved and executed on August 01, 2017 (See note 19).
PagSeguro Group's basic earnings per share equal its diluted earnings per share, since PagSeguro Group does not have any dilutive instruments.