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Profit and loss account 

(x € 1.000)

Notes

2011

2010

2009

 

Revenue

2,3

2,420,216

2,286,261

2,258,021

Cost of sales

(1,858,611)

(1,757,649)

(1,732,311)

Gross margin

561,605

528,612

525,710

 

Other operating income

4

3,925

4,809

1,614

 

Staff costs

5

(246,177)

(231,162)

(223,080)

Premises costs

(59,465)

(60,271)

(60,743)

Selling costs

(20,134)

(19,347)

(18,298)

Logistics costs

(66,445)

(64,070)

(63,024)

General and administrative expenses

(14,338)

(13,052)

(13,416)

Depreciation of property, plant and equipment

11

(44,078)

(46,718)

(42,406)

Amortisation of intangible assets

10

(9,923)

(7,873)

(8,174)

Total operating expenses

(460,560)

(442,493)

(429,141)

 

Operating profit

3

104,970

90,928

98,183

 

Finance income

8

137

197

353

Finance expense

8

(7,033)

(4,885)

(6,410)

Share in results of associates

13

5,137

5,406

5,768

Profit before tax

103,211

91,646

97,894

 

Tax

9

(25,004)

(21,450)

(23,584)

Profit for the year

78,207

70,196

74,310

 

Attributable to shareholders of the company

78,207

70,196

74,310

 

Figures per share

Basic earnings per share

20

1.78

1.59

1.68

Diluted earnings per share

20

1.78

1.59

1.68

Proposed dividend

19

1.05

0.70

1.00