LensCrafters 2013 Annual Report Download - page 92
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Financial statements as of December 31, 2013 Page 2 of 7
CONSOLIDATED STATEMENTS OF INCOME
FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012
Amounts in thousands of Euro
(1)
Note
reference
2013
Related
parties
(note 29)
2012
Restated (*)
Related
parties
(note 29)
Net sales
27
7,312,611
16,406
7,086,142
1,841
Cost of sales 27
2,524,006
46,081
2,435,993
45,051
- Of which non recurring
-
-
1,360
-
Gross profit
4,788,605
(29,674)
4,650,148
(43,210)
Selling 27
2,241,841
21
2,270,071
-
-
Of which non recurring
33
-
-
17,323
-
Royalties 27
144,588
1,173
124,403
1,341
Advertising 27
479,878
93
446,175
35
General and administrative 27
866,624
563
839,360
-
-
Of which non recurring
33
9,000
-
3,025
-
Total operating expenses
3,732,931
1,849
3,680,009
1,377
Income from operations
1,055,673
(31,524)
970,139
(44,587)
Other income/(expense)
Interest income 27
10,072
-
18,910
-
Interest expense 27
(102,132)
-
(138,140)
-
Other—net 27
7,247
3
(6,463)
3
Income before provision for income taxes
956,366
(31,520)
844,447
(44,583)
Provision for income taxes 27
(407,505)
-
(305,891)
-
-
Of which non recurring
(63,604)
-
(3,488)
-
Net Income
548,861
-
538,556
-
Of which attributable to:
—
Luxottica Group stockholders
544,696
-
534,375
-
—Non-controlling interests
4,165
-
4,181
-
NET INCOME
548,861
-
538,556
-
Weighted average number of shares outstanding:
Basic 30
472,057,274
464,643,093
Diluted 30
476,272,565
469,573,841
EPS (in Euro):
Basic 30
1.15
1.15
Diluted 30
1.14
1.14
(1) Except for earnings per share.
(*)Prior year amounts were restated following the adoption of IAS 19 R. In addition, certain amounts of the prior year’s comparative
information have been revised to conform to the current year presentation. See note “Basis of Preparation” of the Notes to the
Consolidated Financial Statements as of December 31, 2013.