TomTom 2007 Annual Report Download - page 51

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45
CONSOLIDATED INCOME STATEMENT OF TOMTOM NV
for the year ended 31 December
(€in thousands) Notes 2007 2006
Revenue 51,737,133 1,363,758
Cost of sales 6972,949 785,131
Gross profit 764,184 578,627
Operating expenses
Research and development expenses 60,194 36,244
Marketing expenses 137,325 100,812
Selling, general and administrative expenses 107,568 80,033
Stock compensation expense 21 31,285 21,321
Operating expenses 8336,372 238,410
Operating profit 427,812 340,217
Interest result 919,121 7,585
Exchange rate loss 9-16,330 -32,266
Result of associate 14 758 0
Profit before tax 431,361 315,536
Income tax 10 114,119 93,355
Net profit 317,242 222,181
Earnings per share (in €)
Basic 11 2.79 2.01
Diluted 2.66 1.90