Consolidated Income Statement

(in thousands of euro)      
 
   
2011  2010 
  of which
related parties
  of which
related parties
30 Revenue from sales and services 5,654,793 10,873 4,848,418 5,597
31 Other income 140,354 3,200 154,333 1,798
  Change in inventories of work in progress, semifinished and finished products 160,011   34,404  
  Raw materials and consumables (net of change in inventories) (2,448,937)   (1,904,980)  
32 Personnel expense (1,123,507) (13,274) (1,063,648) (5,334)
  - of which non-recurring events (16,054)   (18,192)  
33 Amortisation, depreciation and impairment (230,917)   (228,598)  
  - of which non recurring events (4,860)   (6,500)  
34 Other costs (1,574,011) (32,892) (1,443,082) (22,959)
  - of which non recurring events (6,861)      
  Additions to property, plant & equipment for internal work 4,080   10,916  
  Operating income 581,866   407,763  
35 Net income (loss) from equity investments (17,318)   23,457  
  - share of net income of associates and joint ventures 2,903 2,903 256 256
  - gains on equity investments 3,847   23,831  
  - losses on equity investments (28,298)   (6,465)  
  - dividends 4,230   5,835  
36 Financial income 56,673 7,623 33,764 1,134
37 Financial expenses (146,113) (436) (99,557)  
  Net income (loss) before income taxes 475,108   365,427  
38 Income taxes (34,457)   (137,358)  
  - of which non-recurring events 128,092      
  Net income (loss) from continuing operations 440,651   228,069  
39 Net income (loss) from discontinued operations -   (223,840)  
  Net income (loss) 440,651   4,229  
 
  Attributable to        
  Owners of the Parent 451,608   21,752  
  Non-controlling interests (10,957)   (17,523)  
      
40 Earning (losses) per share (euro/shares) basic earnings per share        
  - continuing operations 0,926   0,480  
  - discontinued operations -   (0,435)  
    0,926   0,045  

For a description of the items reflecting related party transactions, please refer to note 43 of the Explanatory Notes.