RUBIS_REGISTRATION_DOCUMENT_2017
FINANCIAL STATEMENTS 9
2017 consolidated financial statements and notes
CONSOLIDATED INCOME STATEMENT
Note
Change
12/31/2016
12/31/2017
(in thousands of euros)
Sales of merchandise
2,693,851 1,238,801
1,935,932 1,067,948 3,003,880
Revenue from manufacturing of goods and services
NET REVENUE
5.1
+31% 3,932,652
Other operating income Consumed purchases
1,976
1,858
5.2 5.4 5.3
(2,695,820)
(2,031,669)
External expenses Payroll expenses
(446,477) (193,492) (100,802) (126,420)
(302,023) (179,919) (78,774) (113,215)
Taxes
Net depreciation and provisions
5.5 5.6
Other operating income and expenses
(3,606)
(463)
EBITDA
+21% +23%
496,061 368,011
411,495 299,675
EBIT
Other operating income and expenses
5.7
2,185
1,545
OPERATING INCOME BEFORE PROFIT/LOSS FROM JOINT VENTURES
+23%
370,196
301,220
Share of earnings from joint ventures
3,260
6,798
OPERATING INCOME AFTER PROFIT/LOSS FROM JOINT VENTURES
+21%
373,456
308,018
Income from cash and cash equivalents Gross interest expense and cost of debt COST OF NET FINANCIAL DEBT Other financial income and expenses
6,226
4,022
(20,557) (14,331)
(17,181) (13,159)
5.8 5.9
+9%
3,150
(3,162)
INCOME BEFORE TAX
+24%
362,275 (79,437) 282,838 265,583 17,255
291,697 (64,320) 227,377 208,022 19,355
INCOME TAX
5.10
TOTAL NET INCOME
+24% +28% -11% +22% +22%
NET INCOME, GROUP SHARE
NET INCOME, MINORITY INTERESTS Undiluted earnings per share (in euros) * Diluted earnings per share (in euros) *
5.11 5.11
2.87 2.84
2.35 2.32
* Earnings per share at 12/31/2016 were adjusted following the 2-for-1 share split (see section 4.8).
STATEMENT OF OTHER COMPREHENSIVE INCOME
12/31/2016
12/31/2017
(in thousands of euros)
TOTAL CONSOLIDATED NET INCOME (I)
282,838 (163,243)
227,377 12,253
Foreign exchange differences
Hedging instruments
736
2,519 (836) 3,111
Income tax on hedging instruments Items recyclable in P&L from joint ventures Items that will subsequently be recycled in P&L (II)
(250)
(162,757)
17,047 (1,081)
Actuarial gains and losses
45
Income tax on actuarial gains and losses
(198)
459
Items not recyclable in P&L from joint ventures Items that will not subsequently be recycled in P&L (III) COMPREHENSIVE INCOME FOR THE PERIOD (I + II + III)
(153)
(622)
119,928 104,485 15,443
243,802 221,108 22,694
2017 Registration Document I RUBIS 182
SHARE ATTRIBUTABLE TO THE OWNERS OF THE GROUP’S PARENT COMPANY
SHARE ATTRIBUTABLE TO NON-CONTROLLING INTERESTS
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