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Annual Report 2010 - About Heraeus

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80 <strong>Heraeus</strong> <strong>2010</strong> ··· Group Management <strong>Report</strong> ··· Consolidated Financial Statements<br />

Consolidated Income Statement<br />

of <strong>Heraeus</strong> Holding GmbH, Hanau, for the period from January 1 to December 31, <strong>2010</strong><br />

IN € MIllION <strong>2010</strong> 2009<br />

Revenue 22,025.3 16,220.1<br />

Cost of materials – 20,675.7 – 15,211.4<br />

Personnel expenses – 607.6 – 553.9<br />

Amortization, depreciation, and impairment – 107.2 – 102.9<br />

Other operating income 98.6 99.6<br />

Other operating expenses – 353.4 – 278.6<br />

Income from investments accounted for using the equity method 16.3 – 1.8<br />

Earnings before interest and taxes (EBIT) 396.3 171.1<br />

Financial result – 37.8 – 15.4<br />

Income before taxes 358.5 155.7<br />

Income taxes – 98.1 – 37.5<br />

Net income 260.4 118.2<br />

Thereof attributable to shareholders of the Group 254.9 116.6<br />

Thereof attributable to non-controlling interests 5.5 1.6

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