Frontpage Financial statements Consolidated Financial Statements

Consolidated Financial Statements


Consolidated income statement, IFRS

           
€ million Liite 1.1.–31.12.2009 % 1.1.–31.12.2008 %
           
Continuing operations          
           
Net sales 2 8,446.8 100.0 9,591.5 100.0
Cost of sales   -7,297.6 -86.4 -8,292.7 -86.5
Gross profit   1,149.2 13.6 1,298.7 13.5
           
Other operating income 5, 7 710.4 8.4 730.3 7.6
Staff cost 8, 35 -535.2 -6.3 -578.2 -6.0
Depreciation and impairment 13, 14 -131.2 -1.6 -178.1 -1.9
Other operating expenses 6, 7 -960.8 -11.4 -987.1 -10.3
Operating profit   232.3 2.8 285.6 3.0
           
Interest income and expenses 9 0.7 0.0 4.7 0.0
Exchange differences and other financial income and expenses 9 -16.7 -0.2 -3.8 0.0
Total financial income and expenses 9 -16.0 -0.2 1.0 0.0
           
Income from associates   0.2 0.0 1.9 0.0
           
Profit before tax   216.6 2.6 288.5 3.0
           
Income tax 10 -82.4 -0.9 -89.4 -0.9
           
Profit for the year from continuing operations   134.2 1.6 199.1 2.1
           
Profit for the year from discontinued operations 4 - - 41.5 0.4
           
Profit for the year   134.2 1.6 240.6 2.5
           
Profit for the year attributable to          
Owners of the parent   125.2   219.7  
Minority interest   9.0   20.9  
           
Earnings per share for profit attributable to
owners of the parent
         
Continuing operations          
Basic, € 12 1.28   1.82  
Diluted, € 12 1.27   1.81  
Discontinued operations          
Basic, € 12 -   0.43  
Diluted, € 12 -   0.43  
Kesko total          
Basic, € 12 1.28   2.25  
Diluted, € 12 1.27   2.24  



Consolidated statement of comprehensive income

           
Profit for the year   134.2   240.6  
           
Other comprehensive income:          
Currency translation differences related to a foreign operation 11 -2.5   -6.3  
Cash flow hedge revaluation 11 -3.9   -12.8  
Revaluation of available-for-sale financial assets 11 -1.9   2.2  
Other comprehensive income 11 -0.3   -0.3  
Tax related to components of other comprehensive income 11 1.5   2.8  
           
Total other comprehensive income for the year, net of tax   -7.1   -14.5  
           
Comprehensive income for the year   127.1   226.1  
           
Comprehensive income for the year attributable to          
Owners of the parent   123.0   204.8  
Minority interest   4.1   21.3