LensCrafters 2013 Annual Report Download - page 162

Separate financial Statements as of December 31,2013 Page 2 of 6
LIABILITIES AND STOCKHOLDERS’ EQUITY Notes 12/31/2013 of which
related parties 12/31/2012
of which
related
parties
CURRENT LIABILITIES
Current portion of long-term debt 15 324,079,228 24,078,305 92,905,093 22,904,983
Provisions for risk 16 4,468,246
11,325,338
Accounts payable 17 292,330,580 116,244,357 229,661,151 130,798,704
Income taxes payable 18 18,426,150 77,634,705
Derivative financial instruments 19 489,945 141,643 1,976,561 1,030,467
Other liabilities 20 145,501,870 102,803,686 261,770,834 226,373,180
Total current liabilities 785,296,019
675,273,682
NON-CURRENT LIABILITIES
Long-term debt 21 1,137,199,349 28,731,902 1,452,418,145 51,290,031
Provisions for risk 22 558,000
550,000
Liability for termination indemnities 23 6,495,263 5,536,460
Total non-current liabilities 1,144,252,612
1,458,504,605
STOCKHOLDERS’ EQUITY
Capital stock 24 28,653,640 28,394,292
Legal Reseve 24 5,712,410 5,624,808
Other Reserve 24 2,129,976,013 1,958,591,287
Treasury shares 24 (83,059,861) (91,928,455)
Net income 24 454,366,669 354,027,383
Total stockholders’ equity 2,535,648,871
2,254,709,315
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 4,465,197,502 4,388,487,602
STATEMENT OF INCOME
(in euro)
STATEMENT OF INCOME Notes
12/31/2013 of which related parties 12/31/2012 of which
related parties
Revenues 25 2,138,752,866 2,126,354,865 1,892,772,574 1,842,617,516
Other revenue and income 26 120,040,207 118,510,571 108,627,790 107,199,694
Changes in inventories 27 16,489,074 25,150,163
Cost of goods purchased 28 (1,128,619,126)
(1,070,550,819) (1,051,905,655) (1,044,713,055)
Service costs 29 (190,178,345) (549,329) (160,486,619) (11,417,395)
Costs of third-party assets 30 (180,025,368) (19,695,270) (147,861,997) (20,956,435)
Depreciation and amortization expenses 31 (53,273,533) (49,316,332)
Employee expenses 32 (128,178,826)
8,809,655 (113,901,254) 6,387,867
Other operating expenses 33 (10,323,436) (951,454) (10,946,131) (2,358,173)
Income from operations 584,683,513 1,161,928,219 492,132,539 876,760,019
Dividend income 34 96,630,998 96,630,998 73,415,833 73,415,833
Finance income 35 5,575,396 3,000,455 12,488,182 4,963,726
Finance expense 36 (69,271,971) (11,344,512) (85,354,905) (13,005,151)
Gains on currency hedges and foreign currency exchange 37 59,283,464 36,629,847 55,708,992 44,474,514
Losses on currency hedges and foreign currency exchange 37 (56,091,736) (37,162,354) (54,806,594) (33,774,840)
Total other income and expense 36,126,151 87,754,434 1,451,508 76,074,082
Income before provision for income taxes 620,809,664 493,584,047
Provision for income taxes 38 (166,442,995) (139,556,664)
Net income 454,366,669 354,027,383