2012 Half year financial report

 1st half of 20121st half of 2011
Restated (1)
In thousands of Euros Notes Total
of which related parties Total
of which related parties
           
Net revenues 4 764,076   830,012 903
           
Cost for materials 5 443,299 19,626 492,258 20,751
Cost for services and leases and rentals 6 131,312 2,014 139,588 2,026
Employee costs 7 119,493   132,603
Depreciation of property, plant and equipment 8 18,444   18,306
Amortisation of intangible assets 8 24,292   27,056
Other operating income 9 54,864 91 65,030 251
Other operating costs 10 10,424   9,586
Operating income   71,676   75,645  
           
Income/(loss) from investments 11 2,556   0
Financial income 12 1,153   2,318
Borrowing costs 12 19,382 186 14,962 158
Net exchange gains/(losses) 12 329   (488)
Earnings before tax   56,332   62,513  
           
Taxation for the period 13 22,540   28,818
           
Earnings from continuing activities   33,792   33,695  
           
Assets held for disposal:          
Profits or losses arising from assets held for disposal 14 0
  0
 
           
Net Income (Loss) for the period   33,792   33,695  
           
Attributable to:          
Shareholders of the Parent Company   33,734   33,661  
Non-controlling interests   58   34  
           
Earnings per share (figures in €)  15 0.091   0.091  
Diluted earnings per share (figures in €)  15 0.091   0.090  
(1) Values were restated following the adoption of IAS 19 revised which, among others, changes the principle for recognising actuarial gains and losses relative to post-employment benefits. For further details, see section 2.1 Accounting standards, amendments and interpretations applied as from 1 January 2012 in the "Notes".