2013-vinci-annual-report

Income statement
(in € millions) Notes 2013 2012
Revenue 12 12
Reversals of provisions and transfers of expenses 3 6
Other operating income 114 104
Revenue and other income 130 121
Other purchases and external charges (57) (61)
Taxes and levies (5) (3)
Wages, salaries and social benefit charges (34) (35)
Depreciation and amortisation (7) (8)
Provision charges (1) (1)
Other operating expenses (1) (1)
Operating expenses (105) (110)
Share in profit or loss of joint operations – –
Operating income 25 11
Income from investments in subsidiaries and affiliates 763 324
Income from other marketable securities and fixed asset receivables 33 21
Other interest and similar income 175 164
Net income from disposals of marketable securities and treasury shares 7 10
Foreign exchange gains – 1
Reversals of provisions and transfers of expenses 266 193
Financial income 1,243 713
Expenses related to investments in subsidiaries and affiliates – –
Interest paid and similar expenses (122) (171)
Net expense on disposal of marketable securities and treasury shares (121) (82)
Foreign exchange losses (1) (1)
Depreciation, amortisation and provisions (100) (162)
Financial expense (344) (417)
Net financial income/(expense) 13 900 297
Income from ordinary activities 925 308
Relating to operating transactions – –
Relating to capital transactions 6 1,446
Reversals of provisions and transfers of expenses 180 29
Exceptional income 187 1,476
Relating to operating transactions – (4)
Relating to capital transactions (6) (1,442)
Depreciation, amortisation and provisions (3) (174)
Exceptional expenses (10) (1,620)
Net exceptional income/(expense) 14 177 (145)
Income tax expense 15 (42) 93
Net income for the period 1,060 256
PARENT COMPANY FINANCIAL STATEMENTS 289