Hornbach-Baumarkt-AG Group

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Notes on the Consolidated Income Statement 117
The taxes recognized directly in equity in the financial year under report relate to the following items:
2012/2013 2011/2012
€ 000s € 000s
Actuarial gains and losses on defined benefit plans
Actuarial gains and losses on defined benefit plans before taxes (4,267) 1,322
Change in deferred taxes 837 (259)
(3,430) 1,063
Measurement of derivative financial instruments (cash flow hedge)
Changes in fair value of derivative financial instruments before taxes (807) (7,135)
Change in deferred taxes 298 1,905
(509) (5,230)
Exchange differences arising on the translation of foreign subsidiaries (2,739) 4,845
Other comprehensive income, net after taxes (6,678) 678
of which: other comprehensive income before taxes (7,813) (968)
of which: change in deferred taxes 1,135 1,646
(9) Earnings per share
Basic earnings per share are calculated in line with IAS 33 “Earnings per Share” by dividing the consolidated
net income allocable to the shareholders of HORNBACH-Baumarkt-AG by the weighted average number of
shares in circulation during the financial year. As in the previous year, no dilutive effects arose in the
2012/2013 financial year.
Bonus shares were issued at a ratio of 1:1 to all shareholders in HORNBACH-Baumarkt-AG on July 29, 2011.
The number of shares in HORNBACH-Baumarkt-AG doubled from 15,903,500 to 31,807,000 as a result.
2012/2013 2011/2012
Weighted number of shares issued 31,807,000 31,807,000
Consolidated net income allocable to shareholders in HORNBACH-
Baumarkt-AG (in €) 52,299,112 77,377,911
Earnings per share in € 1.64 2.43
(10) Other disclosures on the income statement
Personnel expenses
The individual expense items include the following personnel expenses:
2012/2013 2011/2012
€ 000s € 000s
Wages and salaries 428,470 413,037
Social security contributions and pension expenses 92,358 88,208
520,828 501,245
Wages and salaries also include expenses for temporary employees.