Financial Statements and Notes > Consolidated statement of earnings
page 127 of 198
Consolidated Statement of Earnings
| (EUR thousand) |
Note |
2008 |
2007 |
| Sales | (1) | 19,102,985 | 16,451,752 |
| Changes in inventories | | (22) | (176) |
| Other operating income | (2) | 375,889 | 230,795 |
| Materials | (3) | (14,250,593) | (12,326,831) |
| Personnel costs | (4) | (3,265,768) | (2,806,801) |
| Depreciation and amortization | (5) | (392,306) | (312,490) |
| Other operating expenses | (6) | (1,259,676) | (1,113,357) |
| Profit from operating activities | | 310,509 | 122,892 |
| | | | |
| Share of profits and losses of equity-method associates and jointly controlled entities | (7) | 317,001 | 265,883 |
| Net income from other participating interests | (7) | (11,014) | 88,420 |
| Investment and interest income | (8) | 117,704 | 130,608 |
| Investment and interest expenses | (8) | (214,085) | (106,482) |
| Profit before taxes | | 520,115 | 501,321 |
| | | | |
| Income taxes | (9) | (177,902) | (160,301) |
| Profit after taxes | | 342,213 | 341,020 |
| | | | |
| Of which: Consolidated net profit | | 175,075 | 140,696 |
| Of which: Minority interest | (10) | 167,138 | 200,324 |
| | | | |
| Diluted and undiluted earnings per share (EUR) | (32) | 2.52 | 2.07 |
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