palfinger at a glance
palfinger at a glance
palfinger at a glance
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conSolid<strong>at</strong>ed INCOME St<strong>at</strong>ement<br />
CONSolid<strong>at</strong>ed FINANCIAL St<strong>at</strong>ementS FOR THE Year ENDED 31 DECEMBER 2011<br />
> search Print<br />
CONSolid<strong>at</strong>ed INCOME St<strong>at</strong>ement 1)<br />
EUR thousand Note Jan–Dec 2011 Jan–Dec 2010<br />
Revenue 47 845,677 651,793<br />
Changes in inventory and own work capitalized 48 20,885 342<br />
Other oper<strong>at</strong>ing income 49 10,348 14,267<br />
M<strong>at</strong>erials and external services 33, 50 (458,727) (337,284)<br />
Employee benefits expenses 51 (216,858) (178,722)<br />
Depreci<strong>at</strong>ion, amortiz<strong>at</strong>ion and impairment expenses 26, 27, 52 (28,847) (22,739)<br />
Other oper<strong>at</strong>ing expenses 53 (115,485) (92,955)<br />
Income from associ<strong>at</strong>ed companies 29 10,924 2,446<br />
Earnings before interest and taxes – EBIT 67,917 37,148<br />
Interest income 54 500 518<br />
Interest expenses 54 (11,169) (10,896)<br />
Exchange r<strong>at</strong>e differences 54 (278) 3,028<br />
Other financial income 54 30 35<br />
Net financial result (10,917) (7,315)<br />
Result before income tax 57,000 29,833<br />
Income tax expense 12, 55 (9,634) (2,556)<br />
Result after income tax 47,366 27,277<br />
<strong>at</strong>tributable to<br />
shareholders of PALFINGER AG (consolid<strong>at</strong>ed net result for the period) 41,955 24,225<br />
non-controlling interests 5,411 3,052<br />
EUR<br />
Earnings per share (undiluted and diluted) 40 1.19 0.68<br />
Dividend per share 40 0.38 2) 0.22<br />
1) The present<strong>at</strong>ion has been adjusted (see Note 14).<br />
2) Proposal of the Management Board to the Supervisory Board for present<strong>at</strong>ion to the Annual General Meeting for resolution.<br />
106<br />
<strong>palfinger</strong> Annual Report 2011