Annual Report 2010 - Frauenthal Holding AG

124 Annual Report 2010
Consolidated Financial Statements Frauenthal Holding Group 2010
d. noteS to the ConSolidated inCoMe StateMent
The consolidated income statement is presented using the nature of expense method.
[27] Revenue
Most of the Group’s revenue was again generated in EU member states in 2010, as the largest revenue contribution comes
from the Wholesale Plumbing Supplies Division, and this makes all its sales in Austria.
revenue by regions
Austria 288,562 272,316 16,246
Other EU 196,851 128,301 68,550
USA 15,966 18,595 -2,629
Rest of the world 38,006 35,275 2,731
revenue 539,385 454,487 84,898
The revenue is derived from the sale of goods. Some EUR 53,332,000 of the revenue (2009: EUR 56,921,000) is accounted
for by construction contracts and was measured using the PoC method in accordance with IAS 11.
[28] Other operating income
“Other operating income” rose by EUR 1,907,000 year on year. The following amounts are reported as “Other operating income”:
other operating income
The gains on disposal and revaluation of non-current assets include EUR 1,500,000 in write-ups of machinery in the Automotive
Components Division.
“Sundry other operating income” increased by EUR 753,000.
EUR ’000 2010 2009 Change
EUR ’000 2010
2009 Change
Gains on reversals of provisions 382 439 -57
Realised exchange gains 617 677 -60
Unrealised exchange gains -14 64 -78
Insurance recoveries 595 556 39
Reversals of investment grants 25 147 -122
Gains on disposals and write-ups of non-current assets 1,535 104 1,431
Sundry other income 7,192 6,439 753
other operating income 10,333 8,426 1,907