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Company profile - Euro Atlantic Airways

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EXPENSES<br />

Costs of inventories sold or used in production<br />

External services and supplies<br />

Payroll expenses:<br />

Salaries and wages<br />

Employee benefits<br />

Depreciation of fixed assets<br />

Adjustments<br />

Taxes<br />

Others operating costs<br />

(A)<br />

Losses in subsidiary and affiliated companies<br />

Interest and similar expenses<br />

(C)<br />

Extraordinary expenses<br />

(E)<br />

Income tax<br />

Net profit for the year<br />

(G)<br />

INCOME<br />

Sales and services rendered<br />

Variation in production<br />

Own work capitalized<br />

Operating subsidies<br />

Other operating income<br />

(B)<br />

Gains in subsidiary and affiliated companies<br />

Income from trading securities and other<br />

financial investments<br />

Other interest and similar income<br />

(D)<br />

Extraordinary income<br />

(F)<br />

Operating results: (B)-(A)<br />

Financial results: (D-B)-(C-A)<br />

Current results: (D)-(C)<br />

Income before tax: (F)-(E)<br />

Net profit for the year: (F)-(G)<br />

STATEMENTS OF PROFITS AND LOSS<br />

AT DECEMBER 31 OF 2008<br />

7.283.260,04<br />

3.886.174,96<br />

6.555.149,85<br />

1.345.213,29<br />

55.929,02<br />

19.077,35<br />

7.061.636,21<br />

492.884,99<br />

3.205.033,78<br />

74.672.421,43<br />

2.058,41<br />

8.977.227,52<br />

8.471.013,37<br />

2008 2007<br />

48.617.496,57<br />

11.169.435,00<br />

7.900.363,14<br />

75.006,37<br />

67.762.301,08<br />

7.061.636,21<br />

74.823.937,29<br />

492.884,99<br />

75.316.822,28<br />

3.205.033,78<br />

78.521.856,67<br />

13.600.864,67<br />

92.122.720,73<br />

74.672.421,43<br />

8.979.285,93<br />

83.651.707,36<br />

8.471.013,37<br />

92.122.720,73<br />

6.910.120,35<br />

1.917.649,72<br />

8.827.770,07<br />

16.805.898,45<br />

13.600.864,67<br />

(Amounts expressed in <strong>Euro</strong>s)<br />

50.899.459,04<br />

9.117.512,99<br />

8.163.834,27<br />

179.210,39<br />

68.360.016,69<br />

4.948.602,41<br />

73.308.619,10<br />

1.590.033,91<br />

74.898.653,01<br />

3.950.396,95<br />

78.849.049,96<br />

12.056.986,28<br />

90.906.036,24<br />

82.835.439,35<br />

82.835.439,35<br />

4.527.662,09<br />

87.363.101,44<br />

3.542.934,80<br />

90.906.036,24<br />

14.475.422,66<br />

-420.940,32<br />

14.054.482,34<br />

16.007.383,23<br />

12.056.986,28

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