2010 REGISTRATION DOCUMENT (3.4 Mo) - Groupe Casino

CONSOLIDATED FINANCIAL STATEMENTSConsolidated fi nancial statements33.2. CONSOLIDATED FINANCIAL STATEMENTS3.2.1. CONSOLIDATED INCOME STATEMENTfor the years ended 31 December 2010 and 2009€ millions Notes 2010 2009CONTINUING OPERATIONSNet sales 5.1 29,078 26,757Cost of goods sold 5.2 (21,753) (19,836)Gross profit 7,325 6,921Other income 5.1 411 314Selling expenses 5.3 (5,324) (4,983)General and administrative expenses 5.3 (1,112) (1,043)Trading profit 1,300 1,209as a % of sales 4.5 4.5Other operating income 6 420 260Other operating expense 6 (405) (296)Operating profit 1,314 1,173as a % of sales 4.5 4.4Income from cash and cash equivalents 39 27Finance costs (384) (370)Finance costs, net 7.1 (345) (343)Other financial income 7.2 85 91Other financial expense 7.2 (102) (93)Profit before tax 953 828as a % of sales 3.3 3.1Income tax expense 8 (214) (201)Share of profits of associates 9 13 6Profit from continuing operations 752 633as a % of sales 2.6 2.4attributable to owners of the parent 559 543attributable to non-controlling interests 193 90DISCONTINUED OPERATIONSNet profit/(loss) from discontinued operations 10 (9) 228attributable to owners of the parent (9) 48attributable to non-controlling interests - 179CONTINUING AND DISCONTINUED OPERATIONSTotal net profit 743 861attributable to owners of the parent 550 591attributable to non-controlling interests 193 270Earnings per shareIn € Notes 2010 2009From continuing operations attributable to owners of the parent 11• Basic earnings per share4.93 4.76• Diluted earnings per share4.90 4.75From continuing and discontinued operations attributable to owners of the parent 11• Basic earnings per share4.85 5.20• Diluted earnings per share4.82 5.18Registration Document 2010 | Casino Group55