275 348
275
INCOME STATEMENT
Note
2014
of which
2013
of which
related parties
related parties
(Note 25)
(Note 25)
Sales of goods and services
14
1,091,702,248
1,091,594,320
451,099,905
449,437,400
Change in inventories of work in progress,
semi-finished and finished goods
(1,124,530)
-
1,124,530
-
Other income
15
106,624,599
99,870,994
102,068,048
97,293,623
of which non-recurring other income
26
-
-
333,438
333,438
Raw materials, consumables used and goods for resale
16
(1,090,772,337)
(1,954,805)
(453,014,043)
(511,335)
Fair value change in metal derivatives
(31,880)
(31,880)
38,249
38,249
Personnel costs
17
(39,880,929)
(5,685,416)
(48,467,095)
(12,648,676)
of which non-recurring personnel costs
26
(2,185,838)
(2,462,737)
(1,687,000)
of which personnel costs for fair value of stock options
17
(495,887)
(12,736)
(4,599,442)
(1,670,829)
Amortisation, depreciation and impairment
18
(9,492,951)
(10,463,424)
Other expenses
19
(47,348,242)
(14,862,427)
(67,030,778)
(18,551,644)
of which non-recurring other (expenses)/releases
26
17,835,905
(1,264,152)
(1,666,229)
(1,731,992)
Operating income
9,675,978
(24,644,608)
Finance costs
20
(58,414,473)
(3,196,232)
(53,323,707)
(1,208,533)
of which non-recurring finance costs
(2,048,425)
(2,310,817)
Finance income
20
19,552,167
19,386,018
14,547,994
14,340,956
of which non-recurring finance income
257,837
257,837
-
Dividends from subsidiaries
21
221,071,176
221,071,176
219,861,163
219,861,163
(Impairment)/Reversal of impairment of investments in subsidiaries
(16,465,310)
(16,465,310)
-
Profit before taxes
175,419,538
156,440,842
Taxes
22
16,136,697
13,256,634
28,243,716
27,115,381
Net profit/(loss) for the year
191,556,235
184,684,558
(in Euro)