Annual Report 2014

Consolidated Financial Statements


Consolidated Income Statement and Consolidated Statement of Comprehensive Income


Consolidated income statement


EUR million

Note

2014

2013

Net sales

1

3

1,858.7

1,976.8

Other operating income

4

 

12.6

18.2

Materials and services

5

 

526.7

572.2

Employee benefits

7

 

847.8

885.4

Depreciation and amortization

9

 

86.0

92.1

Impairment losses

9

 

4.4

24.3

Other operating expenses

10

 

400.5

411.1

Operating profit (EBIT)

  

5.8

9.9

     

Financial income

11

 

26.6

25.2

Financial expenses

11

 

-36.9

-37.6

Result before income tax

  

-4.6

-2.4

     

Income tax

12

 

0.2

10.1

Result for the financial period

  

-4.4

7.7

     

Consolidated statement of comprehensive income


Result for the financial period

  

-4.4

7.7

     

Other comprehensive income

    
     

Items that may be reclassified to profit or loss in subsequent periods:

    

Available-for-sale financial assets

  

0.3

0.2

Translation differences

  

-73.3

-28.0

Tax effect

  

-0.1

0.0

Items that will not be reclassified to profit or loss in subsequent periods:

    

Actuarial gains and losses

  

-5.4

-5.0

Tax effect

  

1.1

1.0

Comprehensive income for the financial period

  

-81.9

-24.1