APC 2004 Annual Report Download - page 113

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111
Consolidated Statement of Income
(in millions of euros except for earnings per share) Notes
Dec. 31, 2004
Restate-
Dec. 31, 2004
French GAAP
ments
IFRS
Sales
2.3-6
10,365.3
(16.0)
10,349.3
Cost of sales
2.3-1
(5,965.1)
(212.3)
(6,177.4)
Gross Margin 4,400.2
(228.3)
4,171.9
Research and development expenses
2.3-1
(535.2)
240.1
(295.1)
Selling, general and administrative expenses (2,554.3)
(36.1)
(2,590.4)
Operating income 1,310.7
(24.3)
1,286.4
Financial expense, net (65.9)
6.6
(59.3)
Income from continuing operations before tax 1,244.8
(17.7)
1,227.1
Exceptional items
2.2
(96.3)
96.3
0.0
Income tax (333.1)
(32.1)
(365.2)
Net income of fully consolidated companies
before amortization of goodwill 815.4
46.5
861.9
Amortization of goodwill
2.3-2
(217.1)
217.1
0.0
Group's share of income/(loss)
of equity investments (3.6) (3.6)
Net income/(loss) before minority interests 594.7
263.6
858.3
Minority interests (30.1)
(4.3)
(34.4)
Net income/(loss)
(attributable to Schneider Electric SA) 564.6
259.3
823.9
Earnings/(loss) per share (in euros)
2.2
2.56 3.73
Diluted earnings/(loss) per share (in euros)
2.2
2.55 3.72
1.3 - Consolidated Statement of Income
(in millions of euros)
Net income (attributable to Schneider Electric SA) - French GAAP - Dec. 31, 2004 564.6
IFRS restatements
Notes
Amortization of goodwill
2.3-2
217.1
Capitalization of development costs
2.3-1
45.6
Reversal of actuarial gain and loss amortization
2.3-5
38.7
Stock options expense
2.3-7
(8.9)
Others 3.2
Deferred tax impact of restatements (32.1)
Minority interests (4.3)
Net income (attributable to Schneider Electric SA) - IFRS - Dec. 31, 2004 823.9
Consolidated financial statements