Consolidated Income Statement
|
|
Note |
|
Year ending |
|
Year ending |
|
Change |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales |
|
|
22,511 |
|
21,234 |
|
6.0% |
|||||
Cost of sales |
|
|
|
11,867 |
|
10,469 |
|
13.4% |
||||
Gross profit |
|
|
|
10,644 |
|
10,765 |
|
(1.1%) |
||||
(% of net sales) |
|
|
|
47.3% |
|
50.7% |
|
(3.4pp) |
||||
Royalty and commission income |
|
|
|
112 |
|
86 |
|
30.6% |
||||
Other operating income |
|
|
173 |
|
28 |
|
529.5% |
|||||
Other operating expenses |
|
|
10,260 |
|
8,892 |
|
15.4% |
|||||
(% of net sales) |
|
|
|
45.6% |
|
41.9% |
|
3.7pp |
||||
Marketing and point-of-sale expenses |
|
|
|
2,763 |
|
2,547 |
|
8.5% |
||||
(% of net sales) |
|
|
|
12.3% |
|
12.0% |
|
0.3pp |
||||
Distribution and selling expenses |
|
|
|
5,601 |
|
4,782 |
|
17.1% |
||||
(% of net sales) |
|
|
|
24.9% |
|
22.5% |
|
2.4pp |
||||
General and administration expenses |
|
|
|
1,651 |
|
1,481 |
|
11.4% |
||||
(% of net sales) |
|
|
|
7.3% |
|
7.0% |
|
0.4pp |
||||
Sundry expenses |
|
|
|
182 |
|
76 |
|
139.5% |
||||
(% of net sales) |
|
|
|
0.8% |
|
0.4% |
|
0.5pp |
||||
Impairment losses (net) on accounts receivable and contract assets |
|
|
|
63 |
|
6 |
|
1,027.4% |
||||
Operating profit |
|
|
|
669 |
|
1,986 |
|
(66.3%) |
||||
(% of net sales) |
|
|
|
3.0% |
|
9.4% |
|
(6.4pp) |
||||
Financial income |
|
|
39 |
|
19 |
|
101.7% |
|||||
Financial expenses |
|
|
320 |
|
153 |
|
109.7% |
|||||
Income before taxes |
|
|
|
388 |
|
1,852 |
|
(79.1%) |
||||
(% of net sales) |
|
|
|
1.7% |
|
8.7% |
|
(7.0pp) |
||||
Income taxes |
|
|
134 |
|
360 |
|
(62.8%) |
|||||
(% of income before taxes) |
|
|
|
34.5% |
|
19.4% |
|
15.0pp |
||||
Net income from continuing operations |
|
|
|
254 |
|
1,492 |
|
(83.0%) |
||||
(% of net sales) |
|
|
|
1.1% |
|
7.0% |
|
(5.9pp) |
||||
Gain from discontinued operations, net of tax |
|
|
384 |
|
666 |
|
(42.4%) |
|||||
Net income |
|
|
|
638 |
|
2,158 |
|
(70.4%) |
||||
(% of net sales) |
|
|
|
2.8% |
|
10.2% |
|
(7.3pp) |
||||
Net income attributable to shareholders |
|
|
|
612 |
|
2,116 |
|
(71.1%) |
||||
(% of net sales) |
|
|
|
2.7% |
|
10.0% |
|
(7.2pp) |
||||
Net income attributable to non-controlling interests |
|
|
|
26 |
|
42 |
|
(37.9%) |
||||
Basic earnings per share from continuing operations (in €) |
|
|
1.25 |
|
7.47 |
|
(83.3%) |
|||||
Diluted earnings per share from continuing operations (in €) |
|
|
1.25 |
|
7.47 |
|
(83.3%) |
|||||
Basic earnings per share from continuing and discontinued operations (in €) |
|
|
3.34 |
|
10.90 |
|
(69.4%) |
|||||
Diluted earnings per share from continuing and discontinued operations (in €) |
|
|
3.34 |
|
10.90 |
|
(69.4%) |
|||||
|
||||||||||||
