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Annual Report 2010 - Outokumpu

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223<br />

Income statement of the parent company<br />

€ million <strong>2010</strong> 2009<br />

Sales 320 216<br />

Cost of sales -230 -122<br />

Gross margin 90 94<br />

Other operating income 70 1<br />

Selling and marketing expenses -58 -55<br />

Administrative expenses -58 -51<br />

Research and development expenses -2 -2<br />

Other operating expenses -11 -350<br />

Operating profit 31 -364<br />

Financial income and expenses 32 379<br />

Profit before extraordinary items 63 15<br />

Extraordinary items 0 -<br />

Profit before appropriations and taxes 64 15<br />

Appropriations<br />

Change in depreciation difference -0 -0<br />

Income taxes -0 1<br />

Profit for the financial year 63 16<br />

The parent company's financial statements have been prepared in accordance with Finnish accounting standards<br />

(FAS). The parent company's complete financial statements (available only in Finnish) can be read on the company's<br />

internet pages www.outokumpu.com.<br />

<strong>Outokumpu</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong> – Financial Statements – Income statement of the parent company

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