Financials

Income statement

€ million	Actual 2010	Actual 2009	Actual 2008	Actual 2007
Revenue	3 218	3 116	3 601	3 626
Net sales	2 786	2 683	3 027	3 188
Royalty income & fees	220	227	396	294
Other revenue	212	206	178	144
Gross profit	2 165	2 091	2 455	2 579
Marketing and selling expenses	-797	-781	-928	-1 054
Research and development expenses	-705	-674	-767	-788
General and administrative expenses	-194	-189	-227	-267
Other operating income / expenses (-)	-2	6	-1	10
Recurring EBIT (REBIT)	467	453	531	480
Non recurring income / expenses (-)	-263	384	-417	-136
EBIT (operating profit)	204	837	113	344
Net financial expenses	-185	-162	-156	-125
Profit / loss (-) before income taxes	19	675	-43	219
Income tax expenses (-) / credit	86	-168	30	-60
Net profit (after minority interest)	103	513	42	160
Recurring EBITDA	731	698	733	741

€ million	2010 Dec. 31	2009 Dec. 31	2008 Dec. 31	2007 Dec. 31 Restated
Non-current assets	7 238	7 326	7 687	7 900
Current assets	1 731	1 794	1 837	1 782
Total assets	8 969	9 120	9 524	9 682
Shareholders' equity	4 592	4 417	4 017	4 264
Non-current liabilities	2 524	2 641	2 953	3 404
Current liabilities	1 853	2 062	2 554	2 014
Total liabilities and shareholders' equity	8 969	9 120	9 524	9 682

€ million	2010	2009	2008	2007
Net profits (after minority interests)	103	513	42	160
Cash flow from operating activities	506	295	366	490
Cash flow from investing activities	-63	473	-673	-201
Cash flow from financing activities	-440	-736	278	-766
Change in cash and cash equivalents	3	32	-10	-478