Consolidated income statement

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Income statement
€ million
Note 2009 2008




Continuing operations






Sales 3 2 611 5 474
Cost of sales 8 -2 764 -5 276




Gross margin

-153 199
       
Other operating income 6 28 57
Selling and marketing expenses 8 -135 -122
Administrative expenses 8 -126 -134
Research and development expenses 8 -19 -20
Other operating expenses 7 -32 -42




Operating profit
-438 -63

     
Share of results in associated companies 15 -12 -2
Financial income and expenses 10

Interest income
17 20
Interest expenses
-38 -74
Market price gains and losses
-2 -2
Other financial income
5 11
Other financial expenses
-6 -24
Total financial income and expenses
-25 -69




Profit before taxes
-474 -134
       
Income taxes 11 142 24




Net profit for the financial year from continuing operations
-332 -110




Net profit for the financial year from discontinued operations 4 -4 -79




Net profit for the financial year
-336 -189




Attributable to


Equity holders of the Company
-336 -189
Minority interest
-0 -0




Earnings per share for result attributable to the equity holders of the Company


Earnings per share, € 12 -1.86 -1.05
Diluted earnings per share, €
-1.86 -1.04




Earnings per share from continuing operations attributable to the equity holders of the Company


Earnings per share, €
-1.83 -0.61
Diluted earnings per share, €
-1.83 -0.61




Earnings per share from discontinued operations attributable to the equity holders of the Company


Earnings per share, €
-0.02 -0.44
Diluted earnings per share, €
-0.02 -0.43

Consolidated statement of comprehensive income
€ million
Note 2009 2008




Net profit for the financial year
-336 -189
       
Other comprehensive income


Exchange differences on translating foreign operations
29 -75
       
Available-for-sale financial assets


Fair value changes during the financial year
34 -37
Reclassification adjustments from other comprehensive income to profit
- 5
Income tax relating to available-for-sale financial assets
-9 8
       
Cash flow hedges


Fair value changes during the financial year
23 -65
Reclassification adjustments from other comprehensive income to profit
1 -5
Income tax relating to cash flow hedges
-6 18
       
Net investment hedges


Fair value changes during the financial year
1 13
Income tax relating to net investment hedges
-0 -3
       
Share of other comprehensive income of associated companies
5 -
Other comprehensive income for the financial year, net of tax
77 -140




Total comprehensive income for the financial year
-259 -329




Attributable to


Owners of the parent
-259 -329
Non-controlling interests
-1 -0
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