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Earnings per Share (Tables) | 12 Months Ended
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Dec. 31, 2017
Notes to Consolidated Financial Statements [Abstract] |
Basic Earnings Per Share | Basic earnings per share Calculation of the basic earnings per share for the year ended December 31, 2017, is based on the earnings allocated to the holders of the ordinary shares divided by the weighted-average number of ordinary shares outstanding, calculated as follows:
| For the year ended December 31
| 2017 | 2016 | 2015
| $ millions | $ millions | $ millions
Earnings (losses) attributed to the shareholders of the Company | 364 | (122) | 509
Weighted Average Number of Ordinary Shares | Weighted-average number of ordinary shares in thousands:
| For the year ended December 31
| 2017 | 2016 | 2015
| Shares thousands | Shares thousands | Shares thousands
Balance as at January 1 | 1,274,298 | 1,272,516 | 1,270,408
Shares issued during the year | 1,054 | - | 1,174
Shares vested | 720 | 779 | 42
Weighted average number of ordinary shares used in computation of the basic earnings per share | 1,276,072 | 1,273,295 | 1,271,624
Weighted Average Number of Ordinary Shares Diluted | Note 25 - Earnings per Share (cont’d) Diluted earnings per share Calculation of the diluted earnings per share for the year ended December 31, 2017, is based on the earnings allocated to the holders of the ordinary shares divided by the weighted-average number of ordinary shares outstanding after adjustment for the number of potential diluted ordinary shares, calculated as follows: Weighted average number of ordinary shares (diluted) in thousands:
| For the year ended December 31
| 2017 | 2016 | 2015 |
| Shares thousands | Shares thousands | Shares thousands |
Weighted average number of ordinary shares used in the computation of the basic earnings per share | 1,276,072 | 1,273,295 | 1,271,624
Effect of stock options and restricted shares | 925 | - | 632
Weighted average number of ordinary shares used in the computation of the diluted earnings per share | 1,276,997 | 1,273,295 | 1,272,256

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