Consolidated financial statements
1
3
30
I
LISI 2014FINANCIALREPORT
1
|
Financialstatements
1.1
|
INCOME STATEMENT
(in€'000)
Notes
12/31/2014
12/31/2013
Pre-taxsales
2.6.1
1,306,530
1,148,971
Changes instock, finishedproductsandproduction inprogress
1,682
12,474
Totalproduction
1,308,213
1,161,445
Other revenues*
17,440
14,016
Totaloperatingrevenues
1,325,653
1,175,461
Consumedgoods
2.6.2
(344,613)
(310,892)
Otherpurchasesandexternal expenses
2.6.3
(265,077)
(219,416)
Valueadded
715,963
645,154
Taxesandduties**
(9,479)
(8,614)
Personnel expenses (including temporaryemployees)***
2.6.4
(513,273)
(457,657)
EBITDA
193,211
178,883
Depreciation
(64,630)
(57,450)
Netprovisions
3,097
7,456
EBIT
131,678
128,889
Non-recurringoperatingexpenses
2.6.6
(10,852)
(16,393)
Non-recurringoperating revenues
2.6.6
8,058
2,639
Operatingprofit
128,883
115,134
Financingexpensesandrevenueoncash
2.6.7
(6,410)
(1,310)
Revenueoncash
2.6.7
807
1,948
Financingexpenses
2.6.7
(7,217)
(3,258)
Other interestrevenueandexpenses
2.6.7
1,563
(2,504)
Other financial items
2.6.7
28,285
12,676
Other interestexpenses
2.6.7
(26,722)
(15,180)
Taxes (ofwhichCVAE (TaxonCompanies’AddedValue)**
2.6.8
(42,587)
(36,779)
Shareofnet incomeof companiesaccounted forby theequitymethod
31
Profit (loss)fortheperiod
81,479
74,540
attributableascompanyshareholders’ equity
81,386
74,639
Interestnotgrantingcontrolover thecompany
93
(99)
Earningspershare (in€)****:
2.6.9
1.55
1.42
Dilutedearningspershare (in€)**** :
2.6.9
1.55
1.42
* Inorder toprovide readers of the financial statementswithbetter information that is inaccordancewith international standards, in the2014 financial statements theCompanyhas continued
classifyingrevenuesrelatedtoCIR (ResearchTaxCredit)as "OtherRevenues".
**AsatDecember31,2014, inaccordancewiththeCNC(NationalAccountingCommittee)noticeofJanuary14,2010,theamountofCVAE(TaxonCompanies’AddedValue)wasclassifiedas"Corporate
Taxes" (onprofits) inthesumof-€6.0M.
***The "CICE" (Taxcredit forcompetitivenessandemployment)hasbeenpresented inapplicationofthe IFRSstandardsasadeductionfromtheemployment-relatedexpenses foranamountof€8.6M.
****Stocksplitby5oftheLISIshareonSeptember12,2014.
