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Atlas Copco - Annual Report 1999

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SUMMARY IN USD AND EUR<br />

Consolidated Income<br />

Statement in USD and EUR<br />

USD m. EUR m.<br />

Amounts in USD m. and EUR m.<br />

unless otherwise noted <strong>1999</strong> 1998 <strong>1999</strong> 1998<br />

Revenues 4,258 3,965 4,238 3,946<br />

Cost of goods sold –2,838 –2,591 –2,825 –2,578<br />

Gross profit 1,420 1,374 1,413 1,368<br />

Cost of marketing, administration,<br />

research and development –865 –851 –860 –848<br />

Goodwill amortization<br />

Other income and expenses<br />

–57 –49 –57 –49<br />

from operations 27 37 27 37<br />

Operating profit 525 511 523 508<br />

Financial income and expenses –124 –84 –124 –83<br />

Profit after financial items 401 427 399 425<br />

Taxes –134 –155 –133 –154<br />

Minority interest –3 –4 –3 –4<br />

Profit for the year 264 268 263 267<br />

Earnings per share, USD/EUR 1.35 1.41 1.35 1.40<br />

Exchange rates: USD 1=8.51, EUR 1=8.55<br />

78 ATLAS COPCO <strong>1999</strong>

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