APC 2011 Annual Report Download - page 224

2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC222
COMPANY FINANCIAL STATEMENTS
6STATEMENT OF INCOME
>
2. Statement of income
(in thousands of euros) Note 2011 2010 2009
Sales of services and other 261 2,379 2,455
Reversals of provisions, depreciation and amortisation
and expense transfers 1,987 1,992 2,424
Operating revenues 2,249 4,371 4,879
Purchases and external expenses 9,094 5,549 8,533
Taxes other than on income 4,455 1,726 2,063
Payroll expenses 2,719 8,198 5,862
Depreciation, amortisation and provision expense 500 200 1,973
Other operating expenses and joint-venture losses 1,392 1,005 1,257
Operating expenses 18,159 16,678 19,689
Operating profi t/loss (15,910) (12,307) (14,810)
Dividend income 1,436,419 691,233 540,925
Interest income 216,004 142,631 182,775
Reversals of impairment provisions for long-term
receivables and other 0 0 103
Financial income 1,652,422 833,864 723,803
Interest expense 296,408 319,904 321,229
Provision expense 3,789 4,484 1,926
Financial expenses 300,197 324,388 323,155
Net fi nancial income/(loss) 14 1,352,225 509,476 400,649
Proceeds from fi xed asset disposals 1,191,653 192 294
Provision reversals and expense transfers 915 1,499 32,433
Other 109 1,230 8,861
Non-recurring income 1,192,677 2,921 41,588
Carrying amount of fi xed asset disposals 1,240 2,273 2,962
Provisions, depreciation and amortisation 17,604 0 0
Other 968 56 410
Non-recurring expenses 19,812 2,329 3,372
Net non-recurring income/(expense) 15 1,172,864 592 38,216
Net income tax benefi t 16 94,558 205,221 51,700
NET INCOME 2,603,738 702,982 475,753
The notes form an integral part of these company fi nancial statements.