Connect - Schneider Electric
Connect - Schneider Electric
Connect - Schneider Electric
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6 COMPANY FINANCIAL STATEMENTS<br />
STATEMENT OF INCOME<br />
222<br />
> 2. Statement of income<br />
(in thousands of euros) Note 2011 2010 2009<br />
Sales of services and other<br />
Reversals of provisions, depreciation and amortisation<br />
261 2,379 2,455<br />
and expense transfers 1,987 1,992 2,424<br />
Operating revenues 2,249 4,371 4,879<br />
Purchases and external expenses 9,094 5,549 8,533<br />
Taxes other than on income 4,455 1,726 2,063<br />
Payroll expenses 2,719 8,198 5,862<br />
Depreciation, amortisation and provision expense 500 200 1,973<br />
Other operating expenses and joint-venture losses 1,392 1,005 1,257<br />
Operating expenses 18,159 16,678 19,689<br />
Operating profi t/loss (15,910) (12,307) (14,810)<br />
Dividend income 1,436,419 691,233 540,925<br />
Interest income<br />
Reversals of impairment provisions for long-term<br />
216,004 142,631 182,775<br />
receivables and other 0 0 103<br />
Financial income 1,652,422 833,864 723,803<br />
Interest expense 296,408 319,904 321,229<br />
Provision expense 3,789 4,484 1,926<br />
Financial expenses 300,197 324,388 323,155<br />
Net fi nancial income/(loss) 14 1,352,225 509,476 400,649<br />
Proceeds from fi xed asset disposals 1,191,653 192 294<br />
Provision reversals and expense transfers 915 1,499 32,433<br />
Other 109 1,230 8,861<br />
Non-recurring income 1,192,677 2,921 41,588<br />
Carrying amount of fi xed asset disposals 1,240 2,273 2,962<br />
Provisions, depreciation and amortisation 17,604 0 0<br />
Other 968 56 410<br />
Non-recurring expenses 19,812 2,329 3,372<br />
Net non-recurring income/(expense) 15 1,172,864 592 38,216<br />
Net income tax benefi t 16 94,558 205,221 51,700<br />
NET INCOME 2,603,738 702,982 475,753<br />
The notes form an integral part of these company fi nancial statements.<br />
2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC