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INCOME STATEMENT
| (€ thousand) | Notes | 2014 | 2013 |
|---|
| Net revenues |
(1) |
1,007,130 |
- |
|---|
| Cost of sales |
|
868,182 |
- |
|---|
| GROSS PROFIT |
|
138,948 |
- |
|---|
| Selling, general and administrative costs |
(2) |
99,496 |
54,361 |
|---|
| Research and development costs |
(3) |
21,173 |
- |
|---|
| Other income/(expenses) |
(4) |
23,922 |
10,962 |
|---|
| Restructuring expenses |
(5) |
1,900 |
- |
|---|
| OPERATING PROFIT/(LOSS) |
|
40,301 |
(43,399) |
|---|
| Financial income/(expenses) |
(6) |
(111,313) |
(116,959) |
|---|
| Result from investments |
(7) |
691,230 |
979,967 |
|---|
| PROFIT/(LOSS) BEFORE TAXES |
|
620,218 |
819,609 |
|---|
| Income taxes |
(8) |
69,919 |
(30,647) |
|---|
| PROFIT/(LOSS) FROM CONTINUING OPERATIONS |
|
690,137 |
788,962 |
|---|
| Profit/(loss) from discontinued operations |
|
- |
- |
|---|
| PROFIT/(LOSS) |
|
690,137 |
788,962 |
|---|
