2006 - Interparfums

CONSOLIDATED INCOME STATEMENT
In € thousands,
Except per share data which is in units Notes 2005 2006
Sales 4.1 194,442 216,235
Cost of sales 4.2 (82,703) (92,334)
Gross margin 111,739 123,901
% of sales 57.5% 57.3%
Selling expenses 4.3 (79,208) (88,194)
Administrative expenses 4.4 (6,618) (6,525)
Income from operations 25,913 29,182
% of sales 13.3% 13.5%
Interest income 384 995
Interest and similar expenses (892) (1,223)
Net finance costs (508) (228)
Other financial income and expenses (346) 159
Net financial expense 4.5 (854) (69)
Income before income tax 25,059 29,113
% of sales 12.9% 13.4%
Income tax 4.6 (8,923) (10,608)
Effective tax rate 35.6% 36.4%
Net income before minority interests 16,136 18,505
% of sales 8.3% 8.6%
Minority interests 159 189
Net income 16,295 18,694
% of sales 8.4% 8.6%
Basic earnings per share (1) 4.7 1.82 1.79
Fully diluted earnings per share (1) 4.7 1.77 1.76
(1) Not restated for bonuses issues.
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