Annex I. Income statement: FY2016 quarterly results
|
1Q
|
2Q
|
3Q
|
4Q
|
|
Net sales
|
4,879
|
5,586
|
5,937
|
6,908
|
|
Cost of sales
|
(2,045)
|
(2,475)
|
(2,391)
|
(3,121)
|
|
Gross profit
|
2,834
|
3,111
|
3,546
|
3,787
|
|
58.1%
|
55.7%
|
59.7%
|
54.8%
|
|
Operating expenses
|
(1,877)
|
(1,953)
|
(2,049)
|
(2,296)
|
|
Other net operating income (losses)
|
(2)
|
(2)
|
(2)
|
(14)
|
|
Operating cash flow (EBITDA)
|
955
|
1,157
|
1,495
|
1,477
|
|
19.6%
|
20.7%
|
25.2%
|
21.4%
|
|
Amortisation and depreciation
|
(250)
|
(256)
|
(278)
|
(278)
|
|
Operating income (EBIT)
|
705
|
901
|
1,217
|
1,198
|
|
14.4%
|
16.1%
|
20.5%
|
17.3%
|
|
Financial results
|
(0)
|
0
|
3
|
7
|
|
Results from companies consolidated by equity method
|
14
|
9
|
11
|
14
|
|
Income before taxes
|
719
|
910
|
1,231
|
1,219
|
|
Taxes
|
(163)
|
(207)
|
(280)
|
(267)
|
|
Net income
|
555
|
703
|
951
|
952
|
|
11.4%
|
12.6%
|
16.0%
|
13.8%
|
|
Minorities
|
1
|
(0)
|
2
|
0
|
|
Net income attributable to the controlling company
|
554
|
703
|
949
|
952
|
|
11.3%
|
12.6%
|
16.0%
|
13.8%
|