APC 2013 Annual Report Download - page 184

5CONSOLIDATED FINANCIALSTATEMENTS ATDECEMBER 31, 2013
CONSOLIDATED STATEMENT OF INCOME
Consolidated statement 1.
ofincome
(inmillions of euros except for earnings per share) Note Full year 2013 Full year 2012*
Revenue 323,551 23,946
Cost of sales (14,660) (14,889)
Gross profit 8,891 9,057
Research and development 4 (535) (507)
Selling, general and administrative expenses (4,944) (5,035)
EBITA adjusted** 3,412 3,515
Other operating income and expenses 6 73 (10)
Restructuring costs 7 (176) (164)
EBITA*** 3,309 3,341
Amortization and impairment of purchase accounting intangibles 8 (218) (475)
Operating income 3,091 2,866
Interest income 44 36
Interest expense (368) (385)
Finance costs, net (324) (349)
Other financial income and expense 9 (159) (97)
Net financial income/(loss) (483) (446)
Profit before tax 2,608 2,420
Income tax expense 10 (665) (554)
Share of profit/(loss) of associates 22 34
PROFIT FOR THE PERIOD 1,965 1,900
attributable to owners of the parent
●1,888 1,813
attributable to non-controlling interests
●77 87
Basic earnings (attributable to owners of the parent)
21.3 3.43 3.34per share (in euros pershare)
Diluted earnings (attributable to owners of the parent) 3.40 3.31per share (in euros per share)
The 2012 figures were restated for the application of IAS19 Revised disclosed in note22 of the consolidated financial statements.
*
EBITA adjusted (Earnings Before Interests, Taxes, Amortization of purchase accounting intangibles and Restructuring costs).
*
*
EBITA adjusted corresponds to operating profit 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 profit before amortization and impairment of purchase accounting intangible assets and before goodwill
impairment.
The accompanying notes are an integral part of the consolidated financial statements.
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