LensCrafters 2011 Annual Report Download - page 121
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| 45 >APPENDIXMANAGEMENT REPORT - APPENDIX
RECONCILIATION BETWEEN REPORTED AND ADJUSTED P&L ITEMS
FY 2011
(millions of Euro) Net sales EBITDA
EBITDA
margins
Operating
income
Operating
income
margins
Income
before
provision
for income
taxes
Net income
attributable
to Luxottica
stockholders
Basic
EPS
(Euro)
Diluted
EPS
(Euro)
Reported 6,222.5 1,131.0 18.2% 807.1 13.0% 695.3 452.3 0.98 0.98
Adjustment for Multiopticas
Internacional extraordinary gain – (19.0) (0.3%) (19.0) (0.3%) (19.0) (19.0) – –
Adjustment for 50th anniversary
celebrations – 12.0 0.2% 12.0 0.2% 12.0 8.5 – –
Adjustment for restructuring costs
in Retail Division – 11.2 0.2% 11.2 0.2% 11.2 7.1 – –
Adjustment for OPSM
re-organization – 0.7 0.0% 9.6 0.2% 9.6 6.7 – –
Adjusted 6,222.5 1,135.9 18.3% 820.9 13.2% 709.0 455.6 0.99 0.98
FY 2011
(millions of Euro) Net sales EBITDA
Operating
Income Net income EPS
Reported 3,766.1 585.2 436.9 N/A N/A
Adjustment for restructuring costs in Retail Division – 11.2 11.2 – –
Adjustment for OPSM re-organization – 0.7 0.7 – –
Adjusted 3,766.1 597.0 448.7 N/A N/A
FY 2010
(millions of Euro) Net sales EBITDA
EBITDA
margins
Operating
income
Operating
income
margins
Income
before
provision
for income
taxes
Net income
attributable
to Luxottica
stockholders
Basic
EPS
(Euro)
Diluted
EPS
(Euro)
Reported 5,798.0 1,013.8 17.5% 712.2 12.3% 605.6 402.2 0.88 0.87
Adjustments for goodwill
impairment loss – 20.4 0.4% 20.4 0.4% 20.4 20.4 – –
Adjustment for discontinued
operations ––––––(19.9) – –
Adjusted 5,798.0 1,034.2 17.8% 732.6 12.6% 626.0 402.7 0.88 0.87
FY 2010
(millions of Euro) Net sales EBITDA
Operating
Income Net income EPS
Reported 3,561.6 563.6 424.4 N/A N/A
Adjustment for restructuring costs in Retail Division – ––––
Adjustment for OPSM re-organization –––––
Adjusted 3,561.6 563.6 424.4 N/A N/A