ANNUAL REPORT - KORADO, as
ANNUAL REPORT - KORADO, as
ANNUAL REPORT - KORADO, as
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48<br />
<strong>KORADO</strong> Group<br />
CONSOLIDATED STATEMENT OF COMPREHENSIVE<br />
INCOME FOR THE YEAR ENDED 31 DECEMBER 2010<br />
(In CZK thousands) Note 2010 2009<br />
Revenues from sales, net 15 1,592,299 1,745,583<br />
Cost of materials, energy and purch<strong>as</strong>ed goods 16 (924,579) (961,206)<br />
Depreciation and amortization (152,486) (158,031)<br />
Wages and salaries (306,031) (322,217)<br />
Purch<strong>as</strong>ed services 17 (164,032) (181,180)<br />
Other expenses, net 18 (14,622) (15,960)<br />
Interest expense, net of capitalized interest (19,584) (40,708)<br />
Interest income 102 2,168<br />
Exchange rate gains, net 31,324 14,456<br />
Other financial expenses, net 19 (7,125) (6,126)<br />
Profit before income taxes 35,266 76,779<br />
Income taxes 20 (694) (1,867)<br />
Profit after income taxes 34,572 74,912<br />
Other comprehensive income:<br />
Currency translation differences (3,319) (1,360)<br />
Total comprehensive income 31,253 73,552<br />
Profit after income taxes attributable to:<br />
Equity holders of the parent 34,393 74,800<br />
Non-controlling interest 179 112<br />
34,572 74,912<br />
Total comprehensive income attributable to:<br />
Equity holders of the parent 30,857 73,440<br />
Non-controlling interest 396 112<br />
31,253 73,552<br />
The accompanying notes are an integral part of these consolidated financial statements.<br />
Annual Report 2010
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