Consolidated statement of profit or loss and other comprehensive income
(In € million) |
|
Note |
|
Year ended |
|
Year ended |
|---|---|---|---|---|---|---|
Revenue |
|
|
2,779.9 |
|
2,061.8 |
|
Cost of sales |
|
|
|
(2,204.7) |
|
(1,577.2) |
Gross profit |
|
|
|
575.2 |
|
484.6 |
Other income |
|
|
24.7 |
|
78.6 |
|
Selling, marketing and distribution expenses |
|
|
|
(110.6) |
|
(90.8) |
General and administrative expenses |
|
|
|
(200.6) |
|
(181.8) |
Other expenses |
|
|
(173.9) |
|
(33.2) |
|
Share of profit/(loss) of joint ventures |
|
|
– |
|
(1.6) |
|
Profit from operating activities |
|
|
|
114.8 |
|
255.8 |
Finance income |
|
|
|
35.9 |
|
16.0 |
Finance expenses |
|
|
|
(61.9) |
|
(47.4) |
Net finance expense |
|
|
(26.0) |
|
(31.4) |
|
Profit before income tax |
|
|
|
88.8 |
|
224.4 |
Income tax expense |
|
|
(51.0) |
|
(52.3) |
|
Profit for the period |
|
|
37.8 |
|
172.1 |
|
Other comprehensive income |
|
|
|
|
|
|
Items that may be reclassified to profit or loss |
|
|
|
|
|
|
Currency translations of foreign operations: |
|
|
|
|
|
|
– recognised in translation reserve |
|
|
|
43.1 |
|
101.9 |
– transferred from translation reserve |
|
|
– |
|
(3.5) |
|
Cash flow hedges: |
|
|
|
|
|
|
– effective portion of changes in fair value |
|
|
38.3 |
|
|
|
Items that will not be reclassified to profit or loss |
|
|
|
|
|
|
Remeasurement of defined benefit plans |
|
|
(81.8) |
|
45.7 |
|
Total other comprehensive income, net of income tax |
|
|
|
(0.4) |
|
144.1 |
Total comprehensive income |
|
|
|
37.4 |
|
316.2 |
|
|
|
|
|
|
|
Basic earnings per share (in €) |
|
|
0.10 |
|
0.51 |
|
Diluted earnings per share (in €) |
|
|
0.10 |
|
0.51 |