Consolidated income statement, IFRS


EUR million 1.1.-31.12. Notes 2009 2008
         
Net sales   (1) 798.5 1 080.9
Cost of sales   (3)(6)(7) -478.0 -588.1
         
Gross profit     320.4 492.7
         
Other operating income   (4) 2.2 2.2
Selling and marketing expenses   (6)(7) -174.1 -198.8
Administration expenses   (6)(7) -24.5 -27.4
Other operating expenses   (5)(6)(7) -22.1 -21.8
         
Operating profit     102.0 247.0
         
Financial income   (8) 97.1 111.1
Financial expenses   (9) -125.7 -184.3
       
Profit before tax     73.5 173.8
         
Tax expense 1)   (10) -15.2 -33.9
         
Profit for the period     58.3 139.9
         
Attributable to:        
Equity holders of the parent     58.3 139.9
Non-controlling interest     0.0 0.0
         
         
Earnings per share (EPS) for the profit attributable to the equity holders of the parent:   (11)    
Basic, euros     0.47 1.12
Diluted, euros     0.49 1.10
         
       
         
CONSOLIDATED OTHER COMPREHENSIVE INCOME        
         
Result for the period     58.3 139.9
Other comprehensive income, net of tax        
Gains/Losses from hedge of net investment in foreign operations     -24.4 6.2
Interest rate swaps     0.1 -0.1
Translation differences on foreign operations 2)     -12.8 -46.4
Other comprehensive income for the period     -37.0 -40.3
         
Total comprehensive income for the period     21.2 99.6
         
Total comprehensive income attributable to:        
Equity holders of the parent     21.2 99.6
Non-controlling interest     0.0 0.0

1) Tax expense in the consolidated income statement is based on the taxable result for the period.

2) Since the beginning of this year the Group has internal loans that are recognised as net investments in foreign operations in accordance with IAS 21
‘The Effects of Changes in Foreign Exchange Rates’.