Technologies · Systems · Solutions - Dürr

76
Consolidated income statements
of Dürr Aktiengesellschaft, Stuttgart, for the years ended December 31, 2004 and 2003
Amounts in €k
Continuing operations Discontinued operations Dürr Group
Note 2004 2003 2004 2003 2004 2003
Sales revenues (11) 1,903,321 2,044,886 233,041 226,986 2,136,362 2,271,872
Cost of sales –1,589,844 –1,712,518 –194,400 –193,710 –1,784,244 –1,906,228
Gross profit on sales 313,477 332,368 38,641 33,276 352,118 365,644
Selling expenses –132,276 –134,809 –15,928 –11,767 –148,204 –146,576
General and administrative expenses –110,506 –123,259 –21,502 –18,395 –132,008 –141,654
Research and development costs
Other operating income
–26,493 –27,804 –1,643 –3,466 –28,136 –31,270
and expenses
Restructuring expenses
(13) 5,211 –2,918 147 –2,289 5,358 –5,207
and impairment losses (14) –6,833 –23,825 –6,652 –2,283 –13,485 –26,108
Earnings before investment income,
other interest and similar income, interest
and similar expenses and income taxes 42,580 19,753 –6,937 –4,924 35,643 14,829
Share of profit of associates 528 85 – – 528 85
Other investment income/loss –563 – – – –563 –
Other interest and similar income 2,464 3,503 532 695 2,996 4,198
Interest and similar expenses (16) –26,440 –24,212 –350 –607 –26,790 –24,819
Earnings before taxes 18,569 –871 –6,755 –4,836 11,814 –5,707
Income taxes (17) –6,956 –21,127 –151 –3,485 –7,107 –24,612
Net income/loss 11,613 –21,998 –6,906 –8,321 4,707 –30,319
Profit share of minority interests –997 288 –19 –19 –1,016 269
Profit share of shareholders
of Dürr Aktiengesellschaft 12,610 –22,286 –6,887 –8,302 5,723 –30,588
Earnings per share in €
(basic and diluted) (10) 0.88 –1.56 –0.48 –0.58 0.40 –2.14
The accompanying notes are an integral part of these consolidated financial statements.