(7) Earnings per share

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Earnings per share are calculated by dividing profit attributable to ordinary equity holders by the weighted average of ordinary shares outstanding.

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    2004/2005   2003/2004
Profit attributable to the ordinary equity holders of Wincor Nixdorf AG (€ k)   54,909   43,769
Weighted Average of ordinary shares outstanding (in thousands)   16,542   14,954
Basic Earnings per share (€)   3.32   2.93
Weighted average of ordinary shares outstanding plus diluting share options (in thousands)   16,589   14,954
Diluted Earnings per share (€)   3.31   2.93

The share-based payment program has not caused any dilution during the previous year period presented.

The share-based payment program is described under "Equity".