Financials

Income statement

€ million	Actual 2009	Actual 2008	Actual 2007
Revenue	3 116	3 601	3 626
Net sales	2 683	3 027	3 188
Royalty income & fees	227	396	294
Other revenue	206	178	144
Gross profit	2 091	2 455	2 579
Marketing & Selling expenses	- 781	- 928	- 1 054
Research & Development expenses	- 674	- 767	- 788
General & Administrative expenses	- 189	- 227	- 267
Other operating income (expenses)	6	- 1	10
Recurring EBIT (REBIT)	453	531	480
Non recurring income (expenses)	384	- 417	- 136
EBIT (operating profit)	837	113	344
Net financial expenses	- 162	- 156	- 125
Profit/(loss) before income taxes	675	- 43	219
Income tax (expenses) credit	- 168	30	- 60
Net profit (after minority interest)	513	42	160
Recurring EBITDA	698	733	741

€ million	2009 Dec. 31	2008 Dec. 31	2007 Dec. 31 Restated
Non-current assets	7 354	7 687	7 900
Current assets	1 780	1 837	1 782
Total assets	9 134	9 524	9 682
Shareholders' equity	4 417	4 017	4 264
Non-current liabilities	2 655	2 953	3 404
Current liabilities	2 062	2 554	2 014
Total liabilities and shareholders' equity	9 134	9 524	9 682

€ million	2009	2008	2007
Net profits (after minority interests)	513	42	160
Cash flow from operating activities	295	366	490
Cash flow from investing activities	472	- 673	- 201
Cash flow from financing activities	- 735	278	- 766
Change in cash and cash equivalents	32	- 10	- 478