Registration Document - Pernod Ricard

4 Consolidated
74
ANNUAL CONSOLIDATED FINANCIAL STATEMENTS
fi nancial statements
Consolidated financial statements
In application of Article 28 of EC Regulation 809/2004 of 29 April 2004, the consolidated financial statements for the year ended 30 June 2008 that
were included in the financial report section of the Group’s 2008 reference document are included by reference in this document.
Annual c onsolidated income
statement
In euro million 30.06.2008 30.06.2009 Notes
Net s ales 6,589 7,203
Cost of sales (2,823) (2,995)
Gross margin after logistics costs 3,766 4,208
Advertising & promotion (1,178) (1,237)
Contribution after advertising & promotion expenses 2,588 2,971
Trading costs and overheads (1,066) (1,125)
Profit from recurring operations 1,522 1,846
Other operating income and expenses (81) (89) 7
Operating profit 1,441 1,757
Net financing costs (316) (581) 6
Other financial income (expense) (33) (110) 6
Interest (expense) income (349) (691)
Corporate i ncome tax (224) (108) 8
Share of net profit/(loss) of associates 0 0
Net profit from continuing operations 869 958
Net profit from discontinued operations 0 8
NET PROFIT 869 966
Including:
• Attributable to minority interests
29 21
• Attributable to equity holders of the Parent
840 945
Earnings per share – basic (in euro) (1) 3.70 4.02 9
Earnings per share – diluted (in euro) (1) 3.65 3.99 9
Net earnings per share from continuing operations
(excluding discontinued operations) – basic (in euro) (1)
3.70 3.99 9
Net earnings per share from continuing operations
(excluding discontinued operations) – diluted (in euro) (1)
3.65 3.96 9
(1) In accordance with IAS 33, earnings per share at 30 June 2008 have been adjusted to reflect the capital increase with preferential subscription rights carried out
on 14 May 2009 (see Note 9 – Earnings per share).
PERNOD RICARD
I REFERENCE DOCUMENT 2008/2009 I