APC 2010 Annual Report Download - page 228

COMPANY FINANCIAL STATEMENTS
6STATEMENT OF INCOME
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2. Statement of income
(in thousands of euros) Note 2010 2009 2008
Sales of services and other 2,379 2,455 1,964
Reversals of provisions, depreciation and amortisation
and expense transfers 1,992 2,424 2,681
Operating revenues 4,371 4,879 4,645
Purchases and external expenses 5,549 8,533 8,610
Taxes other than on income 1,726 2,063 2,334
Payroll expenses 8,198 5,862 5,750
Depreciation, amortisation and provision expense 200 1,973 2,140
Other operating expenses and joint-venture losses 1,005 1,257 1,757
Operating expenses 16,678 19,689 20,590
Operating profi t/loss (12,307) (14,810) (15,946)
Dividend income 691,233 540,925 951,827
Interest income 142,631 182,775 431,325
Reversals of impairment provisions for long-term
receivables and other 0 103 0
Financial income 833,864 723,803 1,383,152
Interest expense 319,904 321,229 285,563
Provision expense 4,484 1,926 1,835
Financial expenses 324,388 323,155 287,398
Net fi nancial income/(loss) 14 509,476 400,649 1,095,754
Proceeds from fi xed asset disposals 192 294 11,187
Provision reversals and expense transfers 1,499 32,433 17,460
Other 1,230 8,861 5,775
Non-recurring income 2,921 41,588 34,423
Carrying amount of fi xed asset disposals 2,273 2,962 23,356
Provisions, depreciation and amortisation 0 0 31,494
Other 56 410 12,335
Non-recurring expenses 2,329 3,372 67,184
Net non-recurring income/(expense) 15 592 38,216 (32,762)
Net income tax benefi t 16 205,221 51,700 100,546
NET INCOME 702,982 475,753 1,147,592
The notes form an integral part of these company fi nancial statements.
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC226