ABRIDGED CONSOLIDATED PROFIT AND LOSS STATEMENTS
60
CONSOLIDATED comprehensive
profit and loss staments
For 2014 and 2013 (€Thousand)
Note
2014
2013*
Net turnover
25.1
1,246,954
1,232,172
Other operating income
25.1
3,299
1,494
Net gains on the disposal of non-current assets
7, 8 and 25.1
(1,005)
2,120
Procurements
(67,321)
(71,190)
Purchases
(67,321)
(71,190)
Inventory impairments
12
-
-
Personnel expenses
25.3
(373,793)
(387,229)
Allocation for depreciation
7 and 8
(98,516)
(101,322)
Net impairment losses
6, 7 and 8
12,810
28,103
Other operating expenses
(705,296)
(697,515)
Variation in the provision for onerous contracts
14,721
6,642
Other operating expenses
25.4
(720,017)
(704,157)
Profit (loss) on disposal of financial investments
2.5.4
17,278
40,851
Profit (loss) from companies valued using the equity method
10
(1,341)
(1,521)
Financial income
25.2
7,368
4,099
Change in fair value of financial instruments
25.6
2,016
9,511
Financial assets held for trading and others
-
9,511
Financial expenses
25.6
(68,829)
(76,346)
Net exchange differences (Income/(Expense))
38
(7,483)
Impairment of financial investments
-
-
PROFITS / (LOSSES) BEFORE TAX
FROM CONTINUING OPERATIONS
(26,338)
(24,256)
Corporation tax
20
(15,611)
(9,122)
PROFIT / (LOSS) FOR THE FINANCIAL YEAR - CONTINUING
(41,949)
(33,378)
Profit (loss) for the year from discontinued operations net of tax
31,509
(6,669)
PROFIT / (LOSS) FOR THE FINANCIAL YEAR
(10,440)
(40,047)
Exchange differences
1,330
(25,650)
Arising from the measurement of financial instruments
(4,321)
5,690
Income and expenses recognised directly in equity
(2,991)
(19,960)
TOTAL COMPREHENSIVE LOSS
(13,431)
(60,007)
Profit / Loss for the year attributable to:
Parent Company Shareholders
(9,550)
(41,562)
Non-controlling interests
(623)
1,741
Non-controlling interests in discontinued operations
(267)
(226)
Comprehensive loss attributable to:
Parent Company Shareholders
(12,873)
(57,974)
Non-controlling interests
15.4
(558)
(289)
Profit / Loss per share in Euros (basic and diluted)
5
(0.03)
(0.13)
(*) Presented for purposes of comparison only. Audited balances adjusted for changes to IFRS 5.
Notes 1 to 31 set forth in the Consolidated Annual Report and Annexes I/II form an integral part of the Consolidated Comprehensive Profit and Loss Statement for 2014.
The Consolidated Comprehensive Profit and Loss Statement for 2013 is presented solely for the purposes of comparison.
