6 - Vicat

Financial information concerning the asset base,the financial condition and the results of the issuer20.3. FINANCIAL STATEMENTS AT DECEMBER 31, 20092020.3.2. Income statement for the year ended on December 31, 2009(in thousands of euros) 2009 2008OPERATING REVENUESales of goods 3,425 4,108Sales of finished products and services 445,284 507,734Net sales 448,709 511,842Change in inventories of goods -936 -796Production of assets capitalized 1,015 548Operating subsidies 46 16Reversals on depreciation, amortization and provisions, transferred expenses 6,473 1,063Other revenues 25,007 13,806Total operating revenue 480,314 526,479OPERATING EXPENSESPurchases of goods 2,580 2,570Change in inventories of goods - 44 5Purchases of raw materials and supplies 79,315 94,725Change in inventories of raw materials and other supplies - 1,714 - 5,798Other purchases and external expenses 159,957 178,945Taxes, duties and assimilated transfers 17,861 18,127Salaries 41,425 39,560Social security contribution and similar charges 19,044 18,192Amortization and depreciation :- on non-current assets : amortization 21,704 18,928- on current assets : depreciation 153 104For contingencies and losses : charges to provisions 710 654Other expenses 10,405 3,620Total operating expenses 351,396 369,632Earnings before interest and taxes 128,918 156,847FINANCIAL INCOMEFrom affiliated companies 57,188 58,638From other marketable securities and long-term loans 8 7Other interest and assimilated income 354 980Reversal on depreciation and provisions, transferred expenses 22,977 61Positive exchange rate differences 350 444Total investment income 80,877 60,130FINANCIAL EXPENSESAmortization, depreciation and provisions 14 37,434Interest and assimilated expenses 21,734 35,137Negative exchange rate differences 295 882Total financial expenses 22,043 73,453Net financial income (expense) 58,834 -13,323NET PROFIT FROM ORDINARY ACTIVITIES BEFORE TAX 187,752 143,5242009 registration document - VICAT 173