1. Consolidated income statement

Workers of the Zara Home logistic platform in Cabanillas (Guadalajara).
(Amounts in thousands of euros) (notes) 2015 2014
Net sales (2) 20,900,439 18,116,534
Cost of merchandise (3) (8,811,139) (7,547,637)
GROSS PROFIT 12,089,300 10,568,897
57.8% 58.3%
Operating expenses (4) (7,391,832) (6,457,569)
Other losses and income, net (5) 1,691 (8,256)
GROSS OPERATING PROFIT (EBITDA) 4,699,159 4,103,073
Amortization and depreciation (6, 12,13,14) (1,021,717) (904,887)
NET OPERATING PROFIT (EBIT) 3,677,442 3,198,186
Financial results (7) 10,069 14,483
Results of companies accounted for using the equity method (16) 55,607 32,125
PROFIT BEFORE TAXES 3,743,118 3,244,794
Income tax (23) (860,917) (734,643)
NET PROFIT 2,882,201 2,510,151
NET PROFIT ATTRIBUTABLE TO NON-CONTROLLING INTERESTS 7,617 9,603
NET PROFIT ATTRIBUTABLE TO THE PARENT 2,874,584 2,500,548
EARNINGS PER SHARE, euro cents (8) 0.923 0.803