Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
CONSOLIDATED STATEMENT OF INCOME<br />
173<br />
Consolidated Statement of Income for the Fiscal Year from January 1 to<br />
December 31, <strong>2012</strong><br />
Notes <strong>2012</strong> TEUR 2011 TEUR<br />
Net sales 4,300,108 4,240,797<br />
Changes in inventories (13,005) 11,756<br />
Own work capitalized 466 395<br />
Total operating performance 4,287,569 4,252,948<br />
Other operating income (18) 126,408 191,467<br />
Cost of materials (19) (2,200,257) (2,211,723)<br />
Personnel expenses (20) (861,463) (804,816)<br />
Depreciation and amortization on purchased<br />
intangibles and fixed assets<br />
(21) (159,840) (164,619)<br />
Other operating expenses (22) (724,678) (761,040)<br />
Financial results (23) (4,280) (4,127)<br />
Income before taxes 463,459 498,090<br />
Taxes on income (24) (168,432) (168,794)<br />
Net income (25) 295,027 329,296<br />
Minority interests in results of consolidated<br />
subsidiaries<br />
40,220 38,198