Consolidated income statement

CONSOLIDATED INCOME STATEMENT

(in thousands of euro)
    2013  2012*  
of which related partiesof which related parties
29  Revenues from sales and services 6,146,160  1,872  6,071,535  3,813 
30  Other income  252,309  3,126  241,630  849
  of which non-recurring events 44,344    29,646   
  Change in inventories of work in progress, semi-finished and finished products 7,804    73,119   
  Raw materials and consumables (net of change in inventories) (2,282,963)    (2,330,139)   
31  Personal expenses (1,211,761)  (3,362)  (1,193,927)  (9,365)
  of which non-recurring events (45,435)    (28,827)   
32  Amortisation,depreciation and impairment (296,492)    (282,246)  
  of which non-recurring events  -   (10,261)   
33  Other costs (1,827,550)  (70,058)  (1,791,671)  (40,331)
  of which non-recurring events  (2,716)    -  
  Additions to property plant and equipment for internal work 3,507    4,171   
  Operating income 791,014    792,472   
34  Net income (loss) from equity investments (78,298)    (52,247)   
  share of net income (loss) of asscoiates and jv (25,835)  (25,835)  (21,293)  (21,293)
  gains on equity investments 9,551    513   
  losses on equity investments (63,304)    (33,359)   
  dividends 1,290    1,892   
35  Financial income  64,787  (1,531)  43,012  14,372 
36  Financial expenses (260,619)    (193,452)   
  Net income (loss) before income taxes 516,884 516,884    589,786   
37  Income taxes (210,392)  (600)  (198,225)   
  Net income (loss) 306,492    391,560   
           
  Attributable to:         
  Owners of the parent  303,574    387,109   
  Non controlling interests 2,918    4,451   
           
38  Earnings (losses) per share (euro per shares) 0,623    0,794   

(*) The figures of 2012 have been restated due to the new standard IAS 19 revised "employee benefits" being effective from 1.1.2013.

For a description of the items reflecting related party transactions, please refer to note 41 of the Explanatory Notes.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(in thousands of euro)
 20132012 * 
Net income (loss)  306,492   391,560 
  Components of other comprehensive income: 
Items that will not be reclassified to income statement:
  Net actuarial gains (losses) on employee benefits  22,823  (52,713) 
  Tax effect 12,225  4,326 
  Total B 35,048  (48,387) 
Items reclassified / that may be reclassified to income statement:
  Exchange differences from translation of foreign financial statements (230,773)  (66,934) 
       
  Fair value adjustment of other financial assets:
  Gains / (losses) for the period  37,499  2,912
  (Gains) / losses reclassified to income statement 933  20,846 
       
  Fair value adjustment of derivatives designated as cash flow hedges:
  Gains / (losses) for the period (4,431)  (16,822) 
  (Gains) / losses reclassified to income statement 16,277  28,856 
  Tax effect (2,946)  (825) 
  Total C (183,441)  (31,967) 
  Share of other comprehensive income related to associates and joint ventures net of taxes (2,175)  (1,701) 
  Total D (2,175)  (1,701) 
Total components of other comprehensive income (B+C+D) (150,568)  (82,056) 
A+E  Total comprehensive income (loss) 155,924  309,505 
          Attributable to:
  Owners of the Parent 157,084  305,951 
  Non-controlling interests (1,160)  3,554 

(*) The figures of 2012 have been restated due to the new standard IAS 19 revised "employee benefits" being effective from 1.1.2013.