14.01.2015 Views

2007 - April

2007 - April

2007 - April

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

2.0<br />

Notes to the consolidated financial statements at December 31 st <strong>2007</strong><br />

Income statement at December 31 st , 2006 based on the scope for <strong>2007</strong><br />

EARNINGS<br />

(in thousand euros)<br />

Dec 31 st , 2006 Dec 31 st , 2006 on <strong>2007</strong> scope Dec 31st, <strong>2007</strong><br />

REVENUES 520,400 535,850 604,183<br />

Other operating income 8,405 9,066 14,304<br />

Financial income net of expenses and excluding cost of debt 14,668 14,877 19,395<br />

TOTAL INCOME FROM ORDINARY ACTIVITIES 543,473 559,793 637,882<br />

Underwriting expenses for insurance policies -145,838 -145,838 -159,016<br />

Net income or expenses from reinsurance cessions -1,341 -1,341 -23,916<br />

Other purchases and external expenses -168,427 -175,888 -194,682<br />

Tax -13,004 -13,399 -15,069<br />

Personnel costs -101,263 -106,001 -122,344<br />

Depreciation charge -5,817 -6,479 -7,431<br />

Provisions -7,246 -7,999 -7,278<br />

Other current operating income and expenses -3,624 -3,699 -3,705<br />

EBIT 96,913 99,152 104,441<br />

Change in value of goodwill -52 -52 26<br />

Other operating income and expenses -67 -52 178<br />

OPERATING INCOME 96,794 99,048 104,645<br />

Financial expenses -77 -130 -140<br />

Share in affiliated companies 0 0 0<br />

Corporate income tax -31,208 -32,103 -31,966<br />

CONSOLIDATED NET INCOME 65,509 66,815 72,539<br />

Minority interest 434 973 428<br />

NET INCOME (GROUP SHARE) 65,075 65,842 72,111<br />

EARNINGS PER SHARE 1.60 - 1.77<br />

DILUTED EARNINGS PER SHARE 1.58 - 1.75<br />

116<br />

Return to the contents section

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!