APC 2015 Annual Report Download - page 256

2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC254
PARENT C OMPANY FINANCIAL STATEMENTS
6STATEMENT OF INCOME
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2. Statement of income
(in thousands of euros) Note Full Year 2015 Full year 2014
Sales of services and other 3,903 643
Reversals of provisions, depreciation and amortization
and expense transfers 17 14,201 -
Operating revenues 18,104 643
Purchases and external expenses 8,175 7,363
Taxes other than on income 2,264 2,878
Payroll expenses 4,041 2,017
Depreciation and provision expense 2,775 318
Other operating expenses and joint-venture losses 1,405 2,529
Operating expenses 18,660 15,104
Operating profi t/loss (555) (14,461)
Dividend income - 784
Interest income 54,587 104,179
Reversals of impairment provisions for long-term receivables and other - -
Financial income 54,587 104,963
Interest expense 181,008 223,087
Provision expense 13,547 12,581
Financial expenses 194,555 235,668
Net fi nancial income/(loss) 14 (139,968) (130,705)
Proceeds from fi xed asset disposals 1 1,443,112
Provision reversals and expense transfers 1,208 1,104
Other - 8,677
Non-recurring income 1,209 1,452,893
Carrying amount of fi xed asset disposals 618 1,004,341
Provisions, depreciation and amortization 13,481 1,100
Other 2,000 -
Non-recurring expenses 16,099 1,005,441
Net non-recurring income/(expense) 15 (14,890) 447,452
Net income tax benefi t 16 102,828 38,838
NET INCOME (52,585) 341,124
The notes form an integral part of these parent c ompany fi nancial statements.