Income statement of the parent company

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Income statement of the parent company
€ million 2009 2008



Sales 216 228
     
Cost of sales -122 -145



Gross margin 94 83
     
Other operating income 1 19
Selling and marketing expenses -55 -45
Administrative expenses -51 -62
Research and development expenses -2 -3
Other operating expenses -350 -64



Operating profit -364 -71
     
Financial income and expenses 379 367



Profit before extraordinary items 15 296
     
Extraordinary items - 40



Profit before appropriations and taxes 15 336
     
Appropriations

Change in depreciation difference -0 0
Income taxes 1 -2



Profit for the financial year 16 334

The parent company’s financial statements have been prepared in accordance with Finnish accounting standards (FAS ). The parent company’s complete financial statements (available only in Finnish) can be read on the company’s internet pages www.outokumpu.com.

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