Hornbach-Baumarkt-AG Group

88 CONSOLIDATED FINANCIAL STATEMENTS Income Statement of the HORNBACH-Baumarkt-AG Group
CONSOLIDATED FINANCIAL STATEMENTS
Income Statement of the HORNBACH-Baumarkt-AG Group
for the Period from March 1, 2012 to February 28, 2013
Notes 2012/2013 2011/2012 Change
€ 000s € 000s %
Sales 1 3,019,959 3,001,049 0.6
Cost of goods sold 2 1,892,307 1,878,131 0.8
Gross profit 1,127,652 1,122,918 0.4
Selling and store expenses 3 896,251 870,819 2.9
Pre-opening expenses 4 9,896 7,172 38.0
General and administration expenses 5 140,615 129,414 8.7
Other income and expenses 6 18,422 12,900 42.8
Earnings before interest and taxes (EBIT) 99,312 128,413 (22.7)
Other interest and similar income 2,100 5,983 (64.9)
Other interest and similar expenses 26,119 25,245 3.5
Other financial result (928) (2,699) (65.6)
Net financial expenses 7 (24,947) (21,961) 13.6
Consolidated earnings before taxes 74,365 106,452 (30.1)
Taxes on income 8 22,066 29,074 (24.1)
Consolidated net income 52,299 77,378 (32.4)
Basic/diluted earnings per share (€) 9 1.64 2.43 (32.5)
Statement of Comprehensive Income of the HORNBACH-Baumarkt-AG Group
for the Period from March 1, 2012 to February 28, 2013
Notes 2012/2013 2011/2012
€ 000s € 000s
Consolidated net income 52,299 77,378
Actuarial gains and losses on defined benefit plans 23 (4,267) 1,322
Measurement of derivative financial instruments (cash flow hedge)
Measurement of derivative hedging instruments directly in equity (2,605) (8,785)
Gains and losses from measurement of derivative financial instruments transferred
to profit or loss 1,798 1,650
Exchange differences arising on the translation of foreign subsidiaries (2,739) 4,845
Deferred taxes on gains and losses recognized directly in equity 8 1,135 1,646
Other comprehensive income (6,678) 678
Total comprehensive income 45,621 78,056