2012 Annual Report - Italcementi Group

2012 Annual Report
Presentation 4
General information 14
Annual Report Consolidated Annual Report Directors’ report 146
Sustainability disclosure Italcementi S.p.A. Annual Report Separate financial statements 241
Extraordinary session 351
Income statement
24. Revenue
Revenue from sales and services totaled 554,710 thousand euro as follows:
2012 2011 Change % change
(in thousands of euro)
Sale of finished and semi-finished goods 473,028 538,469 ( 65,441) -12.2
Resale of products 22,824 18,926 3,898 20.6
Revenue from services 58,858 56,397 2,461 4.4
Total 554,710 613,792 ( 59,082) -9.6
The company’s revenue arises almost entirely in Italy.
2012 revenue includes revenue from transactions with Group companies for 152,060 thousand euro regarding
sales of products, staff transfers, as well as the provision of technical and administrative services under the
existing contract (see note 33 “Related parties”).
25. Other revenue
Other revenue totaled 33,051 thousand euro (32,255 thousand euro for 2011) and includes rental income and
other income on assets for 7,925 thousand euro, income for interruptibility of electricity supplies for 20,909
thousand euro and other income for 4,217 thousand euro.
26. Raw materials and supplies
Raw materials and supplies of 289,540 thousand euro was as follows:
2012 2011 Change % change
(in thousands of euro)
Raw materials and semi-finished goods 40,593 64,260 ( 23,667) -36.8
Fuel 78,608 109,319 ( 30,711) -28.1
Packaging, materials and machinery 32,513 39,223 ( 6,710) -17.1
Finished goods 18,648 13,871 4,777 34.4
Electricity, water and gas 112,109 111,332 777 0.7
Change in inventories of raw materials, consumables, other 7,069 3,428 3,641 106.2
Total 289,540 341,433 ( 51,893) -15.2
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