2011 Annual Report - Italcementi Group

Income statement
23. Revenue
Revenue from sales and services totaled 613,793 thousand euro as follows:
2011 2010 Change % change
(in thousands of euro)
Sale of finished and semi-finished products 538,469 555,039 ( 16,570) -3.0
Resale of products 18,926 22,350 ( 3,424) -15.3
Revenue from services 56,397 36,697 19,700 53.7
Total 613,792 614,086 ( 294) -0.0
The company’s revenue arises almost entirely in Italy.
2011 revenue includes revenue on operations with Group companies for 159,666 thousand euro: sales of
products, staff transfers, as well as the provision of technical and administrative services under the existing
contract (details at note 32 “Related parties”).
24. Other revenue
Other revenue totaled 32,255 thousand euro (27,459 thousand euro for 2010) and includes rental income and
other income on assets for 5,915 thousand euro, recharges to subsidiaries of IT costs and services relating to
Group organizational projects for 3,745 thousand euro, income for interruptibility of electricity supplies for
19,870 thousand euro and other income for 2,725 thousand euro.
25. Raw materials and supplies
Raw materials and supplies of 341,433 thousand euro were as follows:
2011 2010 Change % change
(in thousands of euro)
Raw materials and semi-finished goods 64,260 66,876 ( 2,616) -3.9
Fuel 109,319 108,400 919 0.8
Packaging, materials and machinery 39,223 34,298 4,925 14.4
Finished goods 13,871 18,746 ( 4,875) -26.0
Electricity, water and gas 111,332 122,590 ( 11,258) -9.2
Change in inventories of raw materials, consumables, other 3,428 4,600 ( 1,172) -25.5
Total 341,433 355,510 ( 14,077) -4.0
282