Mercedes 2010 Annual Report Download - page 84

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Net assets at year end can be derived from the consolidated
balance sheet as follows:
Net assets of the Daimler Group at year-end
2010 2009 10/09
In millions of euros % change
Net assets of the industrial
business
Intangible assets 7,444 6,690 +11
Property, plant and equipment 17,54 4 15,911 +10
Leased assets 9,611 8,651 +11
Inventories 14,056 12,337 +14
Trade receivables 6,964 5,073 +37
Less provisions for other risks -12,078 -10,655 +13
Less trade payables -7,429 -5,422 +37
Less other assets and liabilities -12,031 -9,651 +25
Assets and liabilities from
income taxes
718
1,586 -55
Total equity of
Daimler Financial Services
4,865
4,670 +4
Net assets 29,664 29,191 +2
Statement of income/loss
Consolidated statement of income/loss
2010 2009 10/09
In millions of euros % change
Revenue 97,761 78,924 +24
Cost of sales -74,988 -65,567 +14
Gross profit 22,773 13,357 +71
Selling expenses - 8 ,861 -7,608 +17
General administrative expenses -3,474 -3,287 +6
Research and non-capitalized
development costs
-3,476
-2,896 +20
Other operating income 971 693 +40
Other operating expense -660 -503 +31
Share of profit/loss from invest-
ments accounted for using the
equity method, net
-148
72 .
Other financial income/expense, net 149 -1,341 .
Earnings before interest and
taxes (EBIT)
1
7,274
-1,513 .
Interest income 825 1,136 -27
Interest expense -1,471 -1,921 -23
Profit/loss before income taxes 6,628 -2,298 .
Income taxes -1,954 -346 .
Net profit/loss 4,674 -2,644 .
Minority interest -176 4 .
Profit/loss attributable to
shareholders of Daimler AG
4,498
-2,640 .
1 EBIT includes expenses from the compounding of provisions and effects
from the change in the discount rates (2010: minus €240 million; 2009:
minus €1,003 million).