LensCrafters 2013 Annual Report Download - page 211

Footnotes to the statutory financial statements as of December 31, 2013 Page 44 of 71
NOTES ON THE STATEMENT OF INCOME
25. REVENUES FROM SALES OF PRODUCTS
2013 2012 Change
2,138,752,866 1,892,772,574 245,980,292
Revenues by product category
Description 2013 2012 Change
Revenue – finished products 2,116,946,312
1,875,425,527 241,520,785
Revenue - accessories 341,609 281,146 60,463
Revenue – spare parts 17,157,137 17,065,901 91,236
Revenue – direct material 4,307,808 4,307,808
Total 2,138,752,866 1,892,772,574 245,980,292
"Revenue direct material" refers to the sale of packaging materials after Luxottica Group S.p.A. became responsible
for packaging activities. More details can be found in the introductory part of these notes.
26. OTHER REVENUE AND INCOME
2013 2012 Change
120,040,207 108,627,790 11,412,417
Description 2013 2012 Change
Recharges – marketing expense 25,446,337 18,928,536 6,517,801
Recharges – transporation expense 21,068,384 19,181,525 1,886,859
Other 73,525,486 70,517,729 3,007,757
Total 120,040,207 108,627,790 11,412,417
"Other" primarily consists of:
• Euro 22,471,014 in royalties, originating from revenue from the licensing agreement with the Australian
subsidiaries for use of the OPSM trademarks and from licensing agreements with Oakley Inc. for the use of
house brands (Ray Ban, Arnette, Persol, Vogue, Killer Loop, Luxottica and Sferoflex). More details about
these licenses can be found in the introductory part of these notes;
• Euro 36,223,727 in recharges of IT costs;
• Euro 5,227,163 in administrative services charged to subsidiaries;
• Euro 1,516,900 in commission income from the commission agreement with Luxottica S.r.l..