Consolidated financial statements

Consolidated statement of comprehensive income

Consolidated statement of comprehensive income for the year ended December 31st 2010 and December 31st 2009

(PLN '000) Note Year ended
Dec 31 2010
Year ended
Dec 31 2009
      (restated)
Sales revenue 12.1 19,680,533 14,321,041
Cost of sales 12.5 (17,562,048) (12,775,790)
Gross profit   2,118,485 1,545,251
Selling costs 12.5 (871,290) (726,367)
General and administrative expenses 12.5 (401,143) (332,666)
Other operating income 12.2 56,959 74,264
Other operating expenses 12.4 (139,696) (140,689)
Operating profit   763,315 419,793
Finance income 12.3 225,940 954,912
Finance expenses 12.6 (285,965) (303,879)
Share of investments in associates 21 18,649 8,227
Loss of control over subsidiary 2 - 30,555
Pre-tax profit   721,939 1,109,608
Corporate income tax 13.1 (40,586) (197,796)
Net profit from continuing operations   681,353 911,812
Other comprehensive income      
Exchange differences on translation of foreign operations   (2,005) 14,378
Other 21 (739) 2,471
Other comprehensive income (net)   (2,744) 16,849
Total comprehensive income   678,609 928,661
Net profit from continuing operations attributable to:      
Owners of the Parent 15 679,180 900,761
Non-controlling interests   2,173 11,051
    681,353 911,812
Total comprehensive income attributable to:      
Owners of the Parent   676,450 908,083
Non-controlling interests   2,159 20,578
    678,609 928,661
Net earnings from continuing operations per share
(PLN)
     
Weighted average number of shares (in thousands)   129,873 121,144
- basic 15 5.23 7.44
- diluted   - -

  

This is a translation of a document originally issued in Polish
The notes to the financial statements, presented on following pages, are their integral part.

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