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Annual Report 2005/06 - voestalpine

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Consolidated Financial Statements<br />

<strong>voestalpine</strong> ag<br />

Consolidated income statement <strong>2005</strong>/<strong>06</strong><br />

<strong>Annual</strong> <strong>Report</strong> <strong>2005</strong>/<strong>06</strong><br />

Note <strong>2005</strong>/<strong>06</strong> 2004/05<br />

Revenue 1 6,501,370 5,779,136<br />

Cost of sales –5,014,640 –4,551,114<br />

Gross profit 1,486,730 1,228,022<br />

Other operating income 2 171,600 200,030<br />

Distribution costs –438,790 –417,364<br />

Administrative expenses –308,562 –283,767<br />

Other operating expenses 3 –179,163 –174,420<br />

Profit from operations (EBIT) 731,815 552,501<br />

Share of profit of associates 4 14,082 17,619<br />

Finance income 5 49,537 35,445<br />

Finance costs 6 –114,683 –108,038<br />

Profit before tax (EBT) 680,751 497,527<br />

Income tax expense 7 –155,424 –124,016<br />

Profit for the period from continuing operations 525,327 373,511<br />

Discontinued operations 8 586 –50,000<br />

Profit for the period 525,913 323,511<br />

Attributable to:<br />

Equity holders of the parent 519,461 323,094<br />

Minority interest 6,452 417<br />

Basic earnings per share<br />

from continuing operations (euros)<br />

Diluted earnings per share<br />

28 13.13 9.44<br />

from continuing operations (euros) 12.51 9.44<br />

In thousands of euros

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