Consolidated income statement

Nordzucker AG, Braunschweig, Germany, for the period from 1 March 2013 to 28 February 2014

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in EUR thousands

Further details in Note

1/3/2013
–28/2/2014

1/3/2012
–28/2/2013

*

The income statement has been prepared using the cost of sales method instead of the nature of expense method. For more information, please refer to Note 7.1.

**

Amounts from the comparative period have been adjusted as a result of the retrospective application of IAS 19 (2011).

Revenues

8

2,360,913

2,442,840

Production costs

9

–1,707,342

–1,663,287

Gross profit

 

653,571

779,553

Sales costs

10

–175,656

–166,158

Administrative expenses**

11

–85,101

–91,033

Other income

12

46,811

28,704

Other expenses

13

–140,751

–44,796

Operating result (EBIT)

 

298,874

506,270

Financial income**

14

19,675

5,211

Financial expenses**

15

–14,959

–17,343

Result from companies accounted for using the equity method

16

–483

–822

Earnings before taxes

 

303,107

493,316

Income taxes**

17

–94,381

–124,642

Consolidated net income

 

208,726

368,674

of which attributable to non-controlling interests

 

7,395

9,294

of which attributable to shareholders of the parent company

 

201,331

359,380