APC 2012 Annual Report Download - page 236

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC234
COMPANY FINANCIAL STATEMENTS
6STATEMENT OF INCOME
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2. Statement of income
(in thousands of euros) Note 2012 2011 2010
Sales of services and other 752 261 2,379
Reversals of provisions, depreciation and amortization
and expense transfers 32,596 1,987 1,992
Operating revenues 33,347 2,249 4,371
Purchases and external expenses 40,266 9,094 5,549
Taxes other than on income 1,172 4,455 1,726
Payroll expenses 3,604 2,719 8,198
Depreciation, cen and provision expense 600 500 200
Other operating expenses and joint-venture losses 1,365 1,392 1,005
Operating expenses 47,007 18,159 16,678
Operating profi t/loss (13,660) (15,910) (12,307)
Dividend income 371,978 1,436,419 691,233
Interest income 161,442 216,004 142,631
Reversals of impairment provisions for long-term receivables and
other 6100
Financial income 533,481 1,652,422 833,864
Interest expense 308,158 296,408 319,904
Provision expense 4,626 3,789 4,484
Financial expenses 312,784 300,197 324,388
Net fi nancial income/(loss) 14 220,697 1,352,225 509,476
Proceeds from fi xed asset disposals 122,729 1,191,653 192
Provision reversals and expense transfers 19,960 915 1,499
Other 6,244 109 1,230
Non-recurring income 148,933 1,192,677 2,921
Carrying amount of fi xed asset disposals 129,976 1,240 2,273
Provisions, depreciation and amortization 89,067 17,604 0
Other - 968 56
Non-recurring expenses 219,043 19,812 2,329
Net non-recurring income/(expense) 15 (70,109) 1,172,864 592
Net income tax benefi t 16 88,187 94,558 205,221
NET INCOME 225,115 2,603,738 702,982
The notes form an integral part of these Company fi nancial statements.