Annual Report - EDP

: financial report :EDP - Energias de Portugal, S.A.Company Income Statementfor the years ended 31 December 2012 and 2011Thousands of Euros Notes 2012 2011Turnover 6 2,190,214 2,432,189Cost of electricity 6 -1,733,128 -1,817,445Changes in inventories and cost of raw materials and consumables used6 -368,729 -506,38088,357 108,364Other operating income / (expenses):Other operating income 8 14,288 13,013Supplies and services 9 -180,879 -176,852Personnel costs and employee benefits 10 -13,188 -14,148Other operating expenses 11 -12,346 -11,898-192,125 -189,885-103,768 -81,521Provisions 12 2,927 -9,516Depreciation, amortisation expense and impairment 13 -14,008 -11,162-114,849 -102,199Gains / (losses) on the sale of financial assets 14 87,945 120,345Financial income 15 1,490,445 1,472,994Financial expenses 15 -722,215 -878,942Profit before income tax 741,326 612,198Income tax expense 16 91,356 173,606Net profit for the year 832,682 785,804LISBON, 5 MARCH 2013THE OFFICIAL ACCOUNTANT THE MANAGEMENT THE EXECUTIVE BOARD OF DIRECTORSN.º 17,713The following notes form an integral part of these financial statementsThe following notes form an integral part of these financial statementsEDP - Annual Report 2012165