össur annual report2009 - Euroland
össur annual report2009 - Euroland
össur annual report2009 - Euroland
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Össur hf. consolidated financial stateMents 2009<br />
CONSOLIDATED INCOME STATEMENTS FOR THE YEARS 2009 AND 2008<br />
<strong>annual</strong> report 09<br />
60<br />
NOTES 2009 2008<br />
NET SALES 5 330,580 346,835<br />
Cost of goods sold ( 128,765 ) ( 132,632 )<br />
GROSS pROfIT 201,815 214,203<br />
Other income 7 496 9,433<br />
Sales and marketing expenses ( 92,567 ) ( 97,812 )<br />
Research and development expenses ( 19,080 ) ( 20,930 )<br />
General and administrative expenses ( 42,424 ) ( 48,936 )<br />
pROfIT fROM OpERATIONS 48,240 55,958<br />
Financial income 254 864<br />
Financial expenses ( 15,587 ) ( 18,303 )<br />
Net exchange rate difference ( 2,670 ) ( 286 )<br />
Net financial income / (expenses) 10 ( 18,003 ) ( 17,725 )<br />
pROfIT BEfORE TAx 30,237 38,233<br />
Income tax 11 ( 7,475 ) ( 9,745 )<br />
NET pROfIT 22,762 28,488<br />
Attributable to:<br />
Owners of the Company 22,706 28,488<br />
Non-controlling interests 56 0<br />
22,762 28,488<br />
Earnings per Share 12<br />
Basic Earnings per Share 5.32 6.74<br />
Diluted Earnings per Share 5.30 6.73
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