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Income Statement

From 1/10/2002 until 30/9/2003


In Euro 1000

2002/2003

 

2001/2002

 

Notes

 

Sales

1,695,223

 

1,678,679

 

 

Capitalised assets for internal services rendered

36,911

 

22,567

 

 

Other operating income

186,585

 

55,955

 

 

Cost of materials

1,120,783

 

1,178,355

 

 

Personnel costs

215,469

 

182,006

 

 

Other operating expenses

220,385

 

172,161

 

 

Net income from associates

5,155

 

31,594

 

 

Other participations’ earnings

1,315

 

2,214

 

 

EBITDA

368,552

 

258,487

 

 

Depreciation

111,925

 

103,696

 

 

EBITA

256,627

 

154,791

 

 

Goodwill amortisation

12,989

 

10,856

 

 

EBIT

243,638

 

143,935

 

 

Net interest expenses

-59,638

 

-44,257

 

 

EBT

184,000

 

99,678

 

 

Income taxes

24,925

 

42,381

 

 

Net earnings after taxes

159,075

 

57,297

 

 

Minority interests

6,636

 

6,869

 

 

Net earnings after taxes after deducting minority interests

152,439

 

50,428