Porsche 2004 Annual Report Download - page 161
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157
Income Statement of the Dr. Ing. h.c. F. Porsche AG for the Period
August 1, 2004 to July 31, 2005 in accordance with HGB
2004/05 2003/04
T€ T€
Sales 5,381,054 5,164,152
Change in inventories and
own work capitalized 63,324 30,062
Total operating performance 5,444,378 5,194,214
Other operating income 134,949 124,686
Cost of materials – 2,892,995 – 2,672,977
Personnel expenses – 717,822 – 727,714
Depreciation/amortization – 330,196 – 237,991
Other operating expenses – 897,605 – 930,328
Income from equity investments 89,047 59,078
Interest result 45,923 39,131
Amortization of securities
classified as current assets – 3,679 – 5,099
Result from ordinary activities 872,000 843,000
Taxes – 344,000 – 355,000
Net income for the year 528,000 488,000
Transfer to revenue reserves – 264,000 – 244,000
Retained earnings 264,000 244,000