2005 Annual report - Virbac
2005 Annual report - Virbac
2005 Annual report - Virbac
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61<br />
Consolidated financial statements<br />
Income statement<br />
(€ thousands) Notes <strong>2005</strong> 2004 Change<br />
SALES R1 372,403 351,404 6.0%<br />
Other operating revenues 0 0<br />
Purchases consumed -116,980 -116,181<br />
External expenses -89,888 -83,837<br />
Personnel costs -100,297 -96,116<br />
Taxes and duties -9,287 -8,758<br />
Depreciation and amortisation -13,748 -12,761<br />
Other operating revenues and expenses R2 -3,904 -4,079<br />
Operating profit from ordinary activities 38,299 29,672 29.1%<br />
Other non-recurring operating revenues and expenses R3 -6,210 -1,420<br />
OPERATING PROFIT 32,089 28,252 13.6%<br />
Other financial income and expenses R4 -1,743 -2,971<br />
PROFIT BEFORE TAX 30,346 25,281 20.0%<br />
Tax charge R5 -8,504 -7,647<br />
Share in earnings of companies accounted<br />
for by the equity method B5 229 0<br />
CONSOLIDATED NET PROFIT R6 22,071 17,634 25.2%<br />
Of which<br />
Group share 19,799 16,726 18.4%<br />
Minority interests 2,272 908<br />
Earnings per share – basic (in euros) R7 2.33 2.01<br />
Earnings per share – diluted (in euros) 2.33 2.01