Financial statements 2004

Consolidated income statement for the financial year ended 31 December 2004

			2004		2003
	Sales		6,467		5,970
	Cost of sales		- 5,326		- 4,896
	Gross profit		1,141		1,074
	Personnel cost	- 586		- 554
	Depreciation tangible fixed assets	- 44		- 44
	Goodwill amortisation	- 276		- 274
	Other operating cost	- 294		- 302
	Special items	23		-
			- 1,177		- 1,174
	Operating loss		- 36		- 100
	Financial income and expense (net)		- 41		- 45
	Result from ordinary operations before taxes		- 77		- 145
	Taxation		- 66		- 40
	Result from ordinary operations after taxes		- 143		- 185
	Income from associates		1		2
	Third-party interests		- 9		- 10
	Net loss		- 151		- 193
	Operating income before goodwill amortisation and excluding special items		217		174
	Net income before goodwill amortisation and excluding special items		113		81
	Basic loss per ordinary share 1)		- 0.94		- 1.20
	Diluted loss per ordinary share 1)		- 0.92		- 1.19
	Basic earnings per ordinary share 1) before goodwill amortisation		0.73		0.47
	Diluted earnings per ordinary share 1) before goodwill amortisation		0.72		0.47
	Basic earnings per ordinary share 1) before goodwill amortisation, excluding special items		0.66		0.47
	Diluted earnings per ordinary share 1) before goodwill amortisation, excluding special items		0.65		0.47

1)	After payment on preference shares.
	Numbers refer to paragraphs in the ‘Notes to the consolidated income statement' section.