IFRS Consolidated Statements of Income

The following table sets forth a summary of the IFRS consolidated statements of income of EADS for the years indicated.

IFRS consolidated statements of income for the years ended 31st December 2006, 2005 and 2004

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(in €m, except for EPS)

Year ended 31st December 2006

Year ended 31st December 2005

Year ended 31st December 2004

 

 

 

 

Revenues

39,434

34,206

31,761

Cost of sales

(34,722)

(27,530)

(25,522)

Gross margin

4,712

6,676

6,239

Selling and administrative expenses

(2,274)

(2,183)

(2,119)

Research and development expenses

(2,458)

(2,075)

(2,126)

Other income

297

222

314

Other expenses

(188)

(153)

(177)

Share of profit from associates accounted for under the equity method and other income (expense) from investments

189

225

84

Profit before finance costs and income taxes

278

2,712

2,215

Interest result

(121)

(155)

(275)

Other financial result

(123)

(22)

(55)

Income taxes

81

(825)

(664)

Profit for the period

115

1,710

1,221

Attributable to:

 

 

 

Equity holders of the parent
(Net Income)

99

1,676

1,203

Minority interests

16

34

18

Earnings per share (basic) (in €)

0.12

2.11

1.50

Earnings per share (diluted) (in €)

0.12

2.09

1.50

Set out on the next pages are year-to- year comparisons of results of operations, based upon EADS’ consolidated statements of income.