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LISI 2015
FINANCIAL DATA
INCOME STATEMENT
(in €'000)
12/31/2015
12/31/2014
restated*
Pre-tax sales
1,458,052 1,306,530
Changes in stock, finished products
and production in progress
20,405
1,682
Total production
1,478,457 1,308,213
Other revenues
(a)
13,083
17,440
Total operating revenues
1,491,540 1,325,653
Consumed goods
(398,213)
(344,613)
Other purchases and external expenses
(308,415)
(265,077)
Value added
784,912 715,963
Taxes and duties
(b)
(11,590)
(9,357)
Personnel expenses
(including temporary employees)
(c)
(569,236)
(513,273)
EBITDA
204,086 193,333
Depreciation
(73,787)
(64,630)
Net provisions
16,194
3,097
EBIT
146,493 131,800
Non-recurring operating expenses
(11,148)
(10,852)
Non-recurring operating revenues
5,308
8,058
Operating profit
140,652 129,005
Financing expenses and revenue
on cash
(6,163)
(6,410)
Revenue on cash
983
807
Financing expenses
(7,146)
(7,217)
Other interest revenue
and expenses
(9,819)
1,563
Other financial items
35,466
28,285
Other interest expenses
(45,285)
(26,722)
Taxes including CVAE (Tax on
Companies’ Added Value)
(b)
(42,741)
(42,631)
Share of net income of companies
accounted for by the equity method
(71)
31
Profit (loss) for the period
81,859 81,557
Attributable as company shareholders’
equity
81,764
81,464
Interest not granting control over
the company
95
93
Earnings per share (in €)
1.55
1.55
Diluted earnings per share
(in €)
1.55
1.55
* 2014 financial statements restated to account for IFRIC 21.
(a) In order to provide readers of the financial statements with better information that
is in accordance with international standards, in the 2015 financial statements the
Company has continued classifying revenues related to CIR (Research Tax Credit) as
“Other Revenues”.
(b) As at December 31, 2015, in accordance with the CNC (French National Accounting
Committee) notice of January 14, 2010, the amount of CVAE (Tax on Companies’ Added
Value) was classified as “Corporate Taxes” (on profits) in the sum of -€7.2 million.
(c) As at December 31, 2015 the competitiveness and employment tax (CICE) was
provisioned for an estimated €9.5 million.
STATEMENT OF OVERALL EARNINGS
(in €'000)
12/31/2015
12/31/2014
restated*
Profit (loss) for the period
81,859 81,557
Other items of overall income
applied to shareholders equity
Actuarial gains and losses out of
employee benefits (gross element)
6,192
(8,115)
Actuarial gains and losses out of
employee benefits (tax impact)
(2,118)
2,930
Restatements of treasury shares
(gross element)
156
(1)
Restatements of treasury shares
(tax impact)
(56)
0
Payment in shares (gross element)
2,951
1,227
Payment in shares (tax impact)
(1,065)
(443)
Other items of overall income
that will cause a reclassification
of income
Exchange rate spreads resulting from
foreign business
19,351
23,341
Hedging instruments (gross element)
(2,189)
1,535
Hedging instruments (tax impact)
(18)
(554)
Other portions of global
earnings, after taxes
23,202 19,919
Total overall income
for the period
105,061 101,476