APC 2010 Annual Report Download - page 152

CONSOLIDATED FINANCIAL STATEMENTS
5CONSOLIDATED STATEMENT OF INCOME
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1. Consolidated statement of income
(in millions of euros except for earnings per share) Note Full year2010 Full year2009*
Revenue 319,580 15,793
Cost of sales (11,842) (9,572)
Gross profi t 7,738 6,221
Research and development 4 (450) (403)
Selling, general and administrative expenses (4,269) (3,770)
Other operating income and expenses 6 8 62
EBITAR** 3,027 2,110
Restructuring costs 7 (96) (313)
EBITA*** 2,931 1,797
Amortisation and impairment of purchase accounting intangibles 8 (228) (231)
Operating income 2,703 1,566
Interest income 24 26
Interest expense (306) (323)
Finance costs, net (282) (297)
Other fi nancial income and expense 9 (65) (87)
Net fi nancial income/loss (347) (384)
Profi t before tax 2,356 1,182
Income tax expense 10 (566) (295)
Share of profi t/(losses) of associates 6 (21)
PROFIT FOR THE PERIOD 1,796 866
• Attributable to owners of the parent 1,720 824
• Attributable to non-controlling interests 76 42
Basic earnings per share (ineuros) 21.3 6.59 3.32
Diluted earnings per share (ineuros) 6.55 3.31
* The 2009 fi gures are restated for the items mentioned in note1.2 (acquisition costs and CVAE).
** EBITAR (Earnings Before Interests, Taxes, Amortisation of purchase accounting intangibles and Restructuring costs).
EBITAR corresponds to operating profi t before amortisation and impairment of purchase accounting intangible assets, before goodwill
impairment and before restructuring costs.
*** EBITA (Earnings Before Interests, Taxes and Amortisation of purchase accounting intangibles)
EBITA corresponds to operating profi t before amortisation and impairment of purchase accounting intangible assets and before goodwill
impairment.
The accompanying notes are an integral part of the consolidated fi nancial statements.
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