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2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC160

CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31, 2012

5CONSOLIDATED STATEMENT OF INCOME

1. Consolidated statement of income

(in millions of euros except for earnings per share) Note Full year 2012 Full year 2011*

Revenue 323,946 22,345

Cost of sales (14,889) (13,958)

Gross proﬁ t 9,057 8,387

Research and development 4 (507) (539)

Selling, general and administrative expenses (5,035) (4,658)

EBITA adjusted** 3,515 3,190

Other operating income and expenses 6 (10) (8)

Restructuring costs 7 (164) (145)

EBITA*** 3,341 3,037

Amortization and impairment of purchase accounting intangibles 8 (475) (226)

Operating income 2,866 2,811

Interest income 36 30

Interest expense (385) (331)

Finance costs, net (349) (301)

Other ﬁ nancial income and expense 9 (56) (114)

Net ﬁ nancial income/(loss) (405) (415)

Proﬁ t before tax 2,461 2,396

Income tax expense 10 (568) (547)

Share of proﬁ t/(loss) of associates 34 28

PROFIT FOR THE PERIOD 1,927 1,877

• attributable to owners of the parent 1,840 1,793

• attributable to non-controlling interests 87 84

Basic earnings (attributable to owners of the parent) per share

(in euros pershare) 21.3 3.39 3.34

Diluted earnings (attributable to owners of the parent) per share

(in euros per share) 3.36 3.30

* The 2011 ﬁ gures were restated for the item disclosed in note1.2 of the consolidated ﬁ nancial statements

** EBITA adjusted (Earnings Before Interests, Taxes, Amortization of purchase accounting intangibles and Restructuring costs) EBITA

adjusted corresponds to operating proﬁ t before amortization and impairment of purchase accounting intangible assets, before goodwill

impairment, before other operating income and expenses and before restructuring costs.

*** EBITA (Earnings Before Interests, Taxes and Amortization of purchase accounting intangibles) EBITA corresponds to operating proﬁ t

before amortization and impairment of purchase accounting intangible assets and before goodwill impairment.

The accompanying notes are an integral part of the consolidated ﬁ nancial statements.