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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2020
EARNINGS PER SHARE |
EARNINGS PER SHARE | 30 EARNING PER SHARE The net earnings per ordinary share were determined based on the net income attributable to equity holders of the Group as follows:
|  | 2020 |  | 2019 |  | 2018
Net income attributable to equity holders of Credicorp (in thousands of Soles) |  | 346,894 |  | 4,265,304 |  | 3,983,865
Number of stock |  |  |  |  |  |
Ordinary stock, note 18(a) |  | 94,382,317 |  | 94,382,317 |  | 94,382,317
Less – opening balance of treasury stock |  | (14,872,164) |  | (14,883,274) |  | (14,902,008)
Acquisition of treasury stock, net |  | (99,716) |  | (9,737) |  | (3,015)
Weighted average number of ordinary shares for basic earnings |  | 79,410,437 |  | 79,489,306 |  | 79,477,294
Plus - dilution effect - stock awards |  | 212,438 |  | 194,213 |  | 209,128
Weighted average number of ordinary shares adjusted for the effect of dilution |  | 79,622,875 |  | 79,683,519 |  | 79,686,422
Basic earnings per share (in Soles) |  | 4.37 |  | 53.66 |  | 50.13
Diluted earnings per share (in Soles) |  | 4.36 |  | 53.53 |  | 49.99

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