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Consolidated Statement of Earnings<br />

(EUR thousand)<br />

❘ Information for our Shareholders ❘ ❘ Management Report ❘ ❘ Financial Statements and Notes ❘<br />

Note<br />

2009 2008<br />

restated*<br />

Sales (1) 18,166,081 18,703,135<br />

Changes in inventories (19) 32,203 399,417<br />

Other operating income (2) 225,107 375,889<br />

Materials (3) (12,562,542) (14,273,373)<br />

Personnel costs (4) (3,501,085) ( 3,265,768)<br />

Depreciation and amortization (5) (501,370) (392,306)<br />

Other operating expenses (6) (1,333,123) (1,259,676)<br />

Profit from operating activities 525,271 287,318<br />

Share of profits and losses of equity-method associates and jointly<br />

controlled entities (7) 204,956 317,001<br />

Net income from other participating interests (7) 24,859 (11,014)<br />

Investment and interest income (8) 79,906 117,704<br />

Investment and interest expenses (8) (234,521) (214,085)<br />

Profit before taxes 600,471 496,924<br />

Income taxes (9) (192,302) (173,042)<br />

Profit after taxes 408,169 323,882<br />

Of which: Consolidated net profit [195,222] [156,744]<br />

Of which: Minority interest (10) [212,947] [167,138]<br />

Earnings per share (EUR)<br />

Diluted and undiluted earnings per share (EUR) (32) 2.93 2.26<br />

*Restated due to the retrospective<br />

application of IFRIC<br />

Interpretation 15. For detailed<br />

information, please see pages<br />

142 and 143.<br />

Annual Report 2009 127

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