APC 2004 Annual Report Download - page 122
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120
Expenses
(
thousands)
2004 2003 2002
Operating expenses
Purchases and external charges 6,449.2 11,011.0 5,762.1
Taxes other than on income 1,466.6 2,937.9 2,584.0
Payroll costs 2,976.2 2,628.6 4,490.9
Depreciation, amortization and provision expense 4,117.0 1,450.7 2,864.4
Other operating expenses and joint-venture losses 148.8 460.7 -
15,157.8 18,488.9 15,701.4
Financial expenses
Interest expense 68,424.7 71,405.1 95,450.7
Provision expense 3,220.1 16,499.9 4,500.0
71,644.8 87,905.0 99,950.7
Non-recurring expenses
Net losses on disposals of fixed assets 8,133.4 58,922.9 389,961.9
Provision expense 6,875.0 35,789.4 97,737.0
Other 2,831.1 8,750.5 40,765.8
17,839.5 103,462.8 528,464.7
Income tax expense 4,156.0 5,835.4 -
Net income 558,767.4 474,732.4 221,139.4
Total 667,565.5 690,424.5 865,256.2
2
Statement of Income year ended December 31, 2004