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Annual Report - Miba

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<strong>Miba</strong> Aktiengesellschaft, Laakirchen<br />

Consolidated Income Statement<br />

for the Fiscal Year 2004/05<br />

and comparison with last year’s figures<br />

2004/05 2003/04<br />

Note No. TEUR TEUR<br />

1. Revenues from sales<br />

2. Changes in inventory of finished<br />

(1) 327,887 294,386<br />

and unfinished products 1,019 1,923<br />

3. Internally produced and capitalized assets 2,453 1,672<br />

4. Operating result 331,359 297,981<br />

5. Other operating income<br />

6. Expenses for materials and other<br />

(2) 11,482 6,112<br />

purchased manufacturing services (3) -134,754 -112,307<br />

7. Personnel expenses (4) -114,378 -106,138<br />

8. Depreciation (5) -22,203 -26,602<br />

9. Other operating expenses<br />

10. Earnings before interest<br />

(6) -42,317 -35,127<br />

and taxes (EBIT)<br />

11.Income and losses from investments<br />

29,189 23,919<br />

in associated companies (7) 891 383<br />

12.Net interest income (8) -2,633 -2,757<br />

13.Other financial income (9) -4,100 92<br />

14.Financial income -5,842 -2,282<br />

15.Earnings before taxes (EBT) 23,347 21,637<br />

16.Taxes on income and earnings<br />

17.Earnings after taxes (EAT) =<br />

(10) -5,844 -6,730<br />

<strong>Annual</strong> consolidated net income 17,503 14,907<br />

Earnings per share 13.46 11.47<br />

73

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