Consolidated income statement

EUR million

1.1. – 31.12.

Notes

2010

2009






Net sales


(1)

1,058.1

798.5

Cost of sales


(3)(6)(7)

-604.0

-478.0






Gross profit



454.1

320.4






Other operating income


(4)

4.3

2.2

Selling and marketing expenses


(6)(7)

-192.9

-174.1

Administration expenses


(6)(7)

-27.6

-24.5

Other operating expenses


(5)(6)(7)

-15.8

-22.1






Operating profit



222.2

102.0






Financial income


(8)

96.3

97.1

Financial expenses


(9)

-109.7

-125.7






Profit before tax



208.8

73.5






Tax expense (1


(10)

-39.1

-15.2






Profit for the period



169.7

58.3






Attributable to:





Equity holders of the parent



169.7

58.3

Non-controlling interest



0.0

0.0











Earnings per share (EPS) for the profit attributable





to the equity holders of the parent:

(11)



Basic, euros



1.34

0.47

Diluted, euros



1.32

0.49
















CONSOLIDATED OTHER COMPREHENSIVE INCOME










Result for the period



169.7

58.3

Other comprehensive income, net of tax





   Gains/Losses from hedge of net investment in
   foreign operations (2



-17.9

-24.4

   Interest rate swaps



-0.6

0.1

   Translation differences on foreign operations



37.0

-12.8




18.5

-37.0






Total comprerensive income for the period



188.2

21.2






Total comprehensive income attributable to:





   Equity holders of the parent



188.2

21.2

   Non-controlling interest



0.0

0.0


1) Tax expense in the consolidated income statement is based on the taxable result for the period.

2) Since the beginning of 2009 the Group has internal loans that are recognised as net investments in foreign operations in accordance with IAS 21 ‘The Effects of Changes in Foreign Exchange Rates’.