Hornbach-Baumarkt-AG Group

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Notes on the Consolidated Income Statement 111
Notes on the Consolidated Income Statement
(1) Sales
Sales mainly involve revenues in the DIY store segment. Furthermore, revenues of € 1,037k (2011/2012:
€ 959k) from the letting of real estate have also been reported under sales.
The sales of the Group broken down into business fields and regions have been depicted in the segment
report.
(2) Cost of goods sold
The cost of goods sold represents the expenses required for the generation of sales and is structured as
follows:
2012/2013 2011/2012
€ 000s € 000s
Expenses for auxiliary materials and purchased goods 1,864,434 1,855,359
Expenses for services rendered 27,873 22,772
1,892,307 1,878,131
(3) Selling and store expenses
Selling and store expenses include those costs incurred in connection with the operation of DIY megastores
with garden centers. These mainly involve personnel expenses, costs of premises and advertising expenses,
as well as depreciation and amortization. Moreover, this item also includes general operating expenses, such
as administration expenses, transport costs, maintenance and upkeep, and rental expenses for plant and
office equipment.
(4) Pre-opening expenses
Pre-opening expenses mainly relate to those expenses arising at or close to the time of the construction up to
the opening of new DIY megastores with garden centers. Pre-opening expenses mainly consist of personnel
expenses, advisory expenses, costs of premises, advertising expenses, administration expenses, miscellaneous
personnel expenses, and depreciation and amortization.
(5) General and administration expenses
General and administration expenses include all costs incurred by administration departments in connection
with the operation or construction of DIY stores with garden centers which cannot be directly allocated to
such. They mainly consist of personnel expenses, legal and advisory expenses, depreciation and amortization,
costs of premises and miscellaneous administration expenses, such as IT, travel and vehicle expenses.