I. Consolidated income statement
| (Amounts in thousands of euros) | Notes | 2012 | 2011 |
|---|---|---|---|
| Net Sales | (2) | 15,946,143 | 13,792,612 |
| Cost of merchandise | (3) | (6,416,825) | (5,612,216) |
| GROSS PROFIT |
|
9,529,318 | 8,180,396 |
|
|
|
59.8% | 59.3% |
| Operating expenses | (4) | (5,604,783) | (4,919,328) |
| Other expenses and income, net | (5) | (11,578) | (3,396) |
| GROSS OPERATING PROFIT (EBITDA) |
|
3,912,957 | 3,257,672 |
| Amortization and depreciation | (11, 12, 13) | (796,117) | (735,666) |
| NET OPERATING PROFIT (EBIT) |
|
3,116,840 | 2,522,006 |
| Financial results | (6) | 14,129 | 37,006 |
| PROFIT BEFORE TAXES |
|
3,130,969 | 2,559,012 |
| Income tax | (22) | (763,956) | (613,480) |
| NET PROFIT |
|
2,367,013 | 1,945,532 |
| NET PROFIT ATTRIBUTABLE TO NON-CONTROLLING INTERESTS |
|
6,254 | 13,244 |
| NET PROFIT ATTRIBUTABLE TO THE PARENT |
|
2,360,759 | 1,932,288 |
|
|
|
|
|
| EARNINGS PER SHARE, euro cents | (7) | 378.7 | 310.0 |
