APC 2013 Annual Report Download - page 258

6COMPANY FINANCIALSTATEMENTS
STATEMENT OF INCOME
Statement of income 2.
(in thousands of euros) Note 2013 2012
Sales of services and other 5,998 752
Reversals of provisions, depreciation and amortization
and expense transfers - 32,596
Operating revenues 5,998 33,347
Purchases and external expenses 13,228 40,266
Taxes other than on income 2,258 1,172
Payroll expenses 1,023 3,604
Depreciation and provision expense 1,300 600
Other operating expenses and joint-venture losses 1,404 1,365
Operating expenses 19,212 47,007
Operating profit/loss (13,214) (13,660)
Dividend income 10,378 371,978
Interest income 125,487 161,442
Reversals of impairment provisions for long-term
-61receivables and other
Financial income 135,866 533,481
Interest expense 283,290 308,158
Provision expense 4,146 4,626
Financial expenses 287,436 312,784
Net financial income/(loss) 14 (151,571) 220,697
Proceeds from fixed asset disposals 3,089 122,729
Provision reversals and expense transfers 64,058 19,960
Other - 6,244
Non-recurring income 67,147 148,933
Carrying amount of fixed asset disposals 6,486 129,976
Provisions, depreciation and amortization 72,420 89,067
Other 371 -
Non-recurring expenses 79,276 219,043
Net non-recurring income/(expense) 15 (12,130)(70,109)
Net income tax benefit 16 44,143 88,187
NET INCOME (132,771) 225,115
The notes form an integral part of these Company financial statements.
256 2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC