32. Earnings per Share
(1) Basic earnings per share
| 1) | Basic earnings per share for the years ended December 31, 2017, 2016 and 2015 are calculated as follows: |
| (In millions of won, shares) | ||||||||||||
| 2017 | 2016 | 2015 | ||||||||||
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Basic earnings per share attributable to owners of the Parent Company: |
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Profit attributable to owners of the Parent Company |
￦ | 2,599,829 | 1,675,967 | 1,518,604 | ||||||||
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Interest on hybrid bonds |
(16,840 | ) | (16,840 | ) | (16,840 | ) | ||||||
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Profit attributable to owners of the Parent Company on common shares |
2,582,989 | 1,659,127 | 1,501,764 | |||||||||
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Weighted average number of common shares outstanding |
70,609,160 | 70,609,160 | 71,551,966 | |||||||||
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Basic earnings per share (in won) |
￦ | 36,582 | 23,497 | 20,988 | ||||||||
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| 2) | The weighted average number of common shares outstanding for the years ended December 31, 2017, 2016 and 2015 are calculated as follows: |
| (In shares) | ||||||||||||
| 2017 | 2016 | 2015 | ||||||||||
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Issued common shares at January 1 |
80,745,711 | 80,745,711 | 80,745,711 | |||||||||
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Effect of treasury shares |
(10,136,551 | ) | (10,136,551 | ) | (9,193,745 | ) | ||||||
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Weighted average number of common shares outstanding at December 31 |
70,609,160 | 70,609,160 | 71,551,966 | |||||||||
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(2) Diluted earnings per share
For the years ended December 31, 2017, 2016 and 2015, diluted earnings per share are the same as basic earnings per share as there are no dilutive potential common shares.