FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

3 – INCOME STATEMENT
Corporate name: PROUDREED France
31 December 2004
France Export Total
31 December 2003
OPERATING INCOME
Sales of goods
Sales of production .goods
.services 14,407,327 14,407,327 13,509,100
Net turnover 14,407,327 14,407,327 13,509,100
Stored production
Capitalised production
Operating subsidies
Depreciations and reserve reversals, expense transfer 451,794 1,100,779
Other operating income 45,774 182,458
Total operating income (I) 14,904,895 14,792,337
OPERATING EXPENSES
Purchase of goods (including customs duties)
Changes in inventory (goods)
Purchase of raw materials and other supplies (including customs duties)
Changes in inventory (raw materials and suplies)
Other purchases and external expenses(3)(6 bis) 5,279,402 3,564,542
Taxes and related payments 2,078,318 2,542,278
Wages and salaries
Social security contributions
Operating allowances
fixed assets
depreciation 3,603,788 3,479,285
provision
current assets
provision 555,699 395,216
for contingencies provision 246,800 77,812
Other expenses 306,811 18,069
Total operating expenses (II) 12,070,818 10,077,202
1 – OPERATING RESULT (I – II) 2,834,077 4,715,135
Joint venture
Attributed income or transferred loss (III)
Loss assumed or transferred income (IV)
FINANCIAL INCOME
Financial income from investments
Income from other investment securities and from receivables related to fixed assets
Other interest and related income 25,357 13,838
Reserve reversals, expense transfer
Profits on exchange rates 1,568
Net gains on sales of investment securities 10,550 5,999
Total financial income (V) 37,475 19,837
FINANCIAL EXPENSES
Financial allowances for depreciations and provisions
Interest and assimilated expenses 2,100,239 2,031,032
Loss on exchange rates 166
Net loss on sales of investment securities
Total financial expenses (VI) 2,100,405 2,031,032
2 – FINANCIAL RESULT (V – VI) (2,062,930) (2,011,194)
3 – ORDINARY RESULT BEFORE TAX (I - II + III - IV +V-VI) 777,147 2,703,940
195