2007 reference document - Legrand

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GENERAL INFORMATION
ON THE GROUP
Summary of selected fi nancial data
The table below presents a reconciliation of EBITDA and Maintainable EBITDA to net income and operating income:
(in € millions) 2007 2006 2005
Net income for the year 422.6 255.2 103.8
Income tax 175.0 82.9 89.8
Share of loss/(profi t) of associates (2.0) (0.8) (1.3)
Loss on extinguishment of debt 0.0 109.0 0.0
Foreign exchange (gain)/loss (44.0) (40.4) 32.3
Interest income (42.5) (33.7) (25.4)
Interest expense 152.4 157.4 206.5
Operating income 661.5 529.6 405.7
Depreciation of tangible assets 131.5 142.0 144.0
Amortization of intangible assets 84.4 101.4 111.4
EBITDA 877.4 773.0 661.1
Restructuring charges 8.2 23.6 37.8
Maintainable EBITDA 885.6 796.6 698.9
The table below presents a reconciliation of the Group’s adjusted operating income and maintainable adjusted operating income to
net income:
(in € millions) 2007 2006 2005
Net income for the year 422.6 255.2 103.8
Income tax 175.0 82.9 89.8
Share of loss/(profi t) of associates (2.0) (0.8) (1.3)
Loss on extinguishment of debt 0.0 109.0 0.0
Foreign exchange (gain)/loss (44.0) (40.4) 32.3
Interest income (42.5) (33.7) (25.4)
Interest expense 152.4 157.4 206.5
Operating income 661.5 529.6 405.7
Amortization in connection with the acquisition of Legrand France (1) 62.5 86.6 103.3
Goodwill impairment 0.0 0.0 0.0
Adjusted operating income 724.0 616.2 509.0
Restructuring charges 8.2 23.6 37.8
Maintainable adjusted operating income 732.2 639.8 546.8
(1) Amortization in connection with the acquisition of Legrand France relates to amortizable tangible and intangible assets to which part of the price of the acquisition
of Legrand France in 2002 was assigned.
REFERENCE DOCUMENT 2007 - legrand
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