The following table shows earnings per share for the years ended December 31, 2009 and 2008 (in thousands, except earnings per share):

     
    12/31/2009 12/31/2008
Numerator        
Profit for year R$735,948 R$20,254
           
Denominator        
Weighted average number of common shares 114,301,508 112,947,396
Weighted average number of preferred shares 228,187,562 225,479,722
10% – Preferred shares 1.10 1.10
Weighted average number of adjusted preferred shares 251,006,318 248,027,694
           
Denominator for basic earnings per share 365,307,826 360,975,090
           
Basic earnings per common share R$2.01 R$0.06
10% – Preferred shares 1.10 1.10
Basic earnings per preferred share R$2.22 R$0.06