Income statement
| Jan. 1 - Dec. 31, 2011 |
Jan. 1 - Dec. 31, 2010 |
Change | |
|---|---|---|---|
| (€ thousand) | |||
| Sales | 7,095,361 | 5,198,181 | 36.5% |
| Other operating income | 52,189 | 35,822 | 45.7% |
| Change in inventory | 3,887 | -7,383 | -152.6% |
| Own work capitalized | 10 | 39 | -74.4% |
| Cost of materials | -5,784,590 | - 4,054,830 | 42.7% |
| Personnel expenses | -588,223 | - 486,618 | 20.9% |
| Depreciation, amortization & impairments | -105,373 | -85,783 | 22.8% |
| thereof impairment losses | -3,422 | - | - |
| Other operating expenses | -562,114 | -447,442 | 25.6% |
| Operating result | 111,147 | 151,986 | -26.9% |
| Income from investments | - | 5 | -100.0% |
| Finance income | 16,390 | 8,793 | 86.4% |
| Finance expenses | -100,631 | -76,443 | 31.6% |
| Financial result | -84,241 | -67,650 | 24.5% |
| Income before taxes | 26,906 | 84,341 | -68.1% |
| Income taxes | -16,539 | -4,129 | 300.6% |
| Net income | 10,367 | 80,212 | -87.1% |
| thereof attributable to | |||
| - shareholders of Klöckner & Co SE | 11,585 | 77,541 | -85.1% |
| - non-controlling interests | -1,218 | 2,671 | -145.6% |
| Earnings per share | |||
| - basic | 0.14 | 1.17 | -88.0% |
| - diluted | 0.14 | 1.17 | -88.0% |
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