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Annual Report 2006 – Financial Section - Quilvest

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Consolidated Income Statement<br />

for the financial years ended December 31, <strong>2006</strong> and 2005 in $ '000<br />

Notes <strong>2006</strong> 2005<br />

Net income from directly held investments 24 87,268 96,065<br />

Net income from banking activities 25 46,571 41,073<br />

Other operating income 26 17,745 11,943<br />

General administrative expenses 27 (80,451) (62,429)<br />

Depreciation, amortization and impairment losses 28 (1,239) (1,274)<br />

<strong>Financial</strong> income 29 3,953 2,512<br />

<strong>Financial</strong> expenses 30 (5,218) (4,641)<br />

Income from associates 31 696 207<br />

Profit before tax 69,325 83,456<br />

Income tax expense 32 (2,561) (1,801)<br />

Profit for the year 66,764 81,655<br />

Attributable to the Shareholders of the parent 67,951 73,557<br />

Minority interest (1,187) 8,098<br />

Basic earnings per share (in $) 23 10,5 11,4<br />

Diluted earnings per share (in $) 23 10,3 11,2<br />

The accompanying notes form an integral part of these consolidated financial statements.<br />

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