Annual report 2005 - Sava dd

a n n u a l r e p o r t | 2 0 0 5
28.
28.1
1 4 2 |
Financial Statements of the
Sava Group with Notes in
accordance with International
Financial Reporting Standards
Audited consolidated financial statements of
the Sava Group in accordance with International
Financial Reporting Standards
Consolidated Income Statement for the year 2005
(SIT in thousands)
Note 2005 2004
Net sales revenues from goods sold and services rendered 58,461,843 56,385,784
Change in inventories of products and work in progress 967,030 188,980
Other operating revenue 5 2,016,853 4,638,016
Operating revenue 61,445,726 61,212,780
Cost of goods, materials and services -41,678,587 -39,176,844
Labour cost 6 -13,280,230 -12,378,454
Depreciation and amortisation -3,597,950 -2,880,373
Other write-offs 7 -376,338 -1,455,963
Other operating expense 8 -521,204 -636,663
Operating expenses -59,454,309 -56,528,297
Operating income 1,991,417 4,684,483
Financial income 5,854,543 6,989,972
Financial expense -2,070,087 -3,057,454
Net financing income 9 3,784,456 3,932,518
Share in income of associates 10 4,692,039 3,895,152
Pre-tax profit 10,467,912 12,512,153
Tax 11 -1,252,339 -860,704
Net profit for the year 9,215,573 11,651,449
Net profit for the year attributable to:
Equity holders of the parent 9,162,673 11,580,064
Minority interest 52,900 71,385
Net profit for the period 9,215,573 11,651,449
Basic earnings per share (SIT) 4,572.88 5,970.81