2005 Annual report - Virbac

90
Transition to IFRS
Income statement (restated) for the year ended 31 December 2004
2004 mpact of IFRS 2004
French GAAP Reclassifications Restatements IFRS
(€ thousands) published
SALES 358,454 -7,170 120 351,404 a
Purchases consumed -116,196 147 -132 -116,181 b
External expenses -87,657 3,497 323 -83,837 c
Personnel costs -95,219 -562 -335 -96,116 d
Taxes and duties -9,364 606 0 -8,758
Depreciation and amortisation -12,824 -626 689 -12,761 e
Other revenues and expenses -2,874 -1,167 -38 -4,079
Operating profit on ordinary activities 34,320 -5,275 627 29,672
Other non-recurring revenues and expenses 0 -1,420 0 -1,420
OPERATING PROFIT 34,320 -6,695 627 28,252
Financial income and expenses -5,783 3,052 -240 -2,971 f
Non-recurring income and expenses -3,643 3,643 0 0
PROFIT BEFORE TAX 24,894 0 387 25,281
Correction of errors -4,488 0 4,488 0
Tax charge -6,973 0 -674 -7,647 g
Amortisation of goodwill -2,408 0 2,408 0 h
CONSOLIDATED NET PROFIT 11,025 0 6,609 17,634
Of which
Group share 12,180 16,726
Minority interests -1,155 908 i