 |
Income Statement
| |
|
Group |
Group |
Parent company |
Parent company |
| MEUR |
Note |
2004 |
2003 |
2004 |
2003 |
| |
|
|
|
|
|
| Net sales |
4 |
74,49 |
73,05 |
70,89 |
69,04 |
| Increase (+) or decrease (-) of finished goods and work in progress |
|
-0,34 |
-0,55 |
-0,30 |
-0,49 |
| Other operating income |
|
0,03 |
0,03 |
0,19 |
0,18 |
| |
|
|
|
|
|
| Materials and services |
|
|
|
|
|
| Raw materials and consumables: |
|
|
|
|
|
| Purchases during the financial year |
|
32,97 |
31,27 |
32,28 |
30,65 |
| Increase (+) or decrease (-) in inventories |
|
-0,16 |
0,06 |
-0,03 |
0,06 |
| External services |
5 |
4,97 |
4,91 |
3,92 |
3,95 |
| |
|
|
|
|
|
| Personnel expenses |
|
|
|
|
|
| Wages, salaries and emoluments |
6 |
12,2 |
13,1 |
11,74 |
12,54 |
| Social security expenses |
6 |
3,53 |
2,99 |
3,39 |
2,87 |
| Depreciation and reduction on value |
|
|
|
|
|
| Depreciation according to plan |
9 |
5,80 |
6,60 |
5,80 |
6,60 |
| Other operating expenses |
|
9,09 |
9,72 |
8,40 |
8,79 |
 |
| Total operating expenses |
|
68,46 |
68,64 |
65,54 |
65,47 |
| |
|
|
|
|
|
| Operating profit |
|
5,73 |
3,90 |
5,24 |
3,27 |
| |
|
|
|
|
|
| Financial income and expenses: |
|
|
|
|
|
| Other interest and financial income |
7 |
0,05 |
0,06 |
0,10 |
0,09 |
| Interest and other financial expenses |
7 |
-0,30 |
-0,38 |
-0,43 |
-0,69 |
 |
| Total financial income and expenses |
|
-2,49 |
-0,32 |
-0,33 |
-0,60 |
| |
|
|
|
|
|
| Profit before appropriations and taxes |
|
5,48 |
3,58 |
4,90 |
2,66 |
| |
|
|
|
|
|
| Appropriations |
|
|
|
|
|
| Increase (+) or decrease (-) in depreciation reserve |
9 |
0 |
0 |
0,82 |
1,23 |
| |
|
|
|
|
|
| Profit before taxes |
|
5,48 |
3,58 |
5,72 |
3,89 |
| |
|
|
|
|
|
| Income taxes |
8 |
-1,68 |
-1,18 |
-1,67 |
-1,16 |
| Change in deferred tax |
8 |
0,31 |
0,21 |
0 |
0 |
| |
|
|
|
|
|
| NET PROFIT FOR THE PERIOD |
|
4,12 |
2,60 |
4,05 |
2,73 |
 |

|
|