4
Consolidated Financial Statements
Consolidated Income Statement
of the HUGO BOSS Group for the Period from January 1 to December 31, 2012
04|01 Consolidated Income Statement
| (in EUR thousand) | Notes - no. | 2012 | 2011 1 | ||
|---|---|---|---|---|---|
| 1 Certain amounts shown here do not correspond to the 2011 Consolidated Financial Statements and reflect adjustments made (as detailed in Notes to the Consolidated Financial Statements, Changes in accounting policy / Changes in presentation). 2 Basic and dilluted earnings per share. 3 Preferred shares were converted into ordinary shares on 15 June, 2012 after the close of stock market trading. 4 2012: Recommendation for dividend payment. |
|||||
| Net sales | ( 1 ) | 2,345,854 | 2,058,841 | ||
| Cost of Sales | ( 2 ) | (849,138) | (756,552) | ||
| Direct selling costs | ( 2 ) | (43,471) | (37,452) | ||
| Gross profit | 1,453,245 | 1,264,837 | |||
| In % of net sales | 61.9 | 61.4 | |||
| Selling and distribution expenses | ( 3 ) | (808,868) | (682,155) | ||
| Administration costs and other operating income/expenses | ( 4 ) | (211,176) | (188,073) | ||
| Operating result | 433,201 | 394,609 | |||
| Net interest income/expense | (16,102) | (16,199) | |||
| Other interest and similar income | 2,659 | 4,721 | |||
| Interest and similar expenses | (18,761) | (20,920) | |||
| Other financial items | (7,470) | 4,500 | |||
| Financial result | ( 5 ) | (23,572) | (11,699) | ||
| Earnings before taxes | 409,629 | 382,910 | |||
| Income taxes | ( 6 ) | (98,109) | (91,548) | ||
| Net income | 311,520 | 291,362 | |||
| Attributable to: | |||||
| Equity holders of the parent company | 307,394 | 284,888 | |||
| Non-controlling interests | ( 7 ) | 4,126 | 6,474 | ||
| Net income | 311,520 | 291,362 | |||
| Earnings per share (EUR) 2 | ( 8 ) | ||||
| Ordinary share | 4.45 | 4.12 | |||
| Preferred share 3 | 4.13 | ||||
| Dividend per share (EUR) | ( 22 ) | ||||
| Ordinary share | 3.12 4 | 2.88 | |||
| Preferred share 3 | 2.89 | ||||