Index -->

Case study: Create a P&L from scratch

Sheet index

# Worksheet Notes
1 Index
2 1. P&L extractions -->
3 1.1 FY2011
4 1.2 FY2012
5 1.3 FY2013
6 2. Building a P&L -->
7 2.1 Database
8 2.2 P&L statement
19 3. Charts -->
20 #REF!
21 #REF!
22 #REF!
23 #REF!
1. P&L extractions -->
 FY2011

Code P&L account Partner company Name of partner company Amounts

2001110000111111 Core business revenues 111111 External (14,500,341)
2001190000111111 Other revenues 111111 External (4,794,856)
20200000001009 Capitalized costs 1009 Green Ventures Ltd (154,890)
20200000001007 Capitalized costs 1007 Generco Sunshine JSC (1,180,894)
20200000001008 Capitalized costs 1008 Greenco Ltd (793,080)
2020000000111101 Capitalized costs 111101 Not assigned (2,277,198)
2021900000111111 Direct costs 111111 External 4,428,912
2024080000111111 Freight outbound expenses 111111 External 16,978
202409000088 R&D expenses 88 Generco Ltd 2,245,438
2024090000111111 R&D expenses 111111 External 16,606
2041000000111111 Wages and salaries 111111 External 4,683,394
2042000000111101 Pension contributions 111101 Not assigned 1,143,052
204200000088 Pension contributions 88 Generco Ltd 239,380
2045000000111101 Severance indemnity contribution 111101 Not assigned 104,914
2051210000111101 D&A 111101 Not assigned 2,003,262
2051260000111101 D&A 111101 Not assigned 41,981
20690100001 Corporate recharges 1 Greeny Ltd (2,156,147)
206901000014 Corporate recharges 14 Generco Cosmetics Ltd (291,429)
20690100001037 Corporate recharges 1037 Generco Canada JSC -
20690100001087 Corporate recharges 1087 Gener Beauty GmbH (33,737)
20690100001009 Corporate recharges 1009 Green Ventures Ltd -
20690100001007 Corporate recharges 1007 Generco Sunshine JSC -
20690100001008 Corporate recharges 1008 Greenco Ltd -
20690100001240 Corporate recharges 1240 Generco UK (199,600)
2069010000111111 Corporate recharges 111111 External (539,141)
2069980000111111 Other income 111111 External (57)
2070400000111111 Marketing expenses 111111 External 22,315
207050000088 Software&IT 88 Generco Ltd 204,000
2070500000111111 Software&IT 111111 External 138
2070600000111111 Leasings 111111 External 1,127,446
207090000043 Service expenses 43 Greeny France SL 133,722
20709000002240 Service expenses 2240 Greeny Germany GmbH 328,062
2070900000111111 Service expenses 111111 External 2,081,304
2071000000111111 Charges and contributions 111111 External 33,410
2071100000111111 Insurance expenses 111111 External 213,091
2071209200111111 Travel expenses 111111 External 1,813,525
2071209400111111 Utility expenses 111111 External 5,552
2071209500111111 Legal expenses 111111 External 43,869
2071980000111101 Misc costs 111101 Not assigned 10,935
2079022000111111 Consulting fees 111111 External 20,400
2079070000105 Misc extraordinary expenses 105 Generco Healthcare Ltd -
2079070000111111 Misc extraordinary expenses 111111 External 563,918
20790800001009 Difference from eliminations 1009 Green Ventures Ltd -
20790800001007 Difference from eliminations 1007 Generco Sunshine JSC -
20790800001008 Difference from eliminations 1008 Greenco Ltd -
20822800001009 Interest income 1009 Green Ventures Ltd -
20822800001007 Interest income 1007 Generco Sunshine JSC -
20822800001008 Interest income 1008 Greenco Ltd -
20822800001240 Interest income 1240 Generco UK (35,810)
2082280000111111 Interest income 111111 External (51,927)
2082202000111101 Capitalized interest 111101 Not assigned (862,271)
2082208200111101 Non-recurring costs 111101 Not assigned 22,763
208221400088 Interest expenses 88 Generco Ltd 2,930,430
2091200000111101 Current taxes 111101 Not assigned (49,379)
2091200001111101 Regional taxes 111101 Not assigned 516,251
2092200000111101 Deferred taxes 111101 Not assigned 21,593
2999999999111101 Net income/(loss) 111101 Not assigned (2,904,118)
x
Account number
2001110000
2001190000
2020000000
2020000000
2020000000
2020000000
2021900000
2024080000
2024090000
2024090000
2041000000
2042000000
2042000000
2045000000
2051210000
2051260000
2069010000
2069010000
2069010000
2069010000
2069010000
2069010000
2069010000
2069010000
2069010000
2069980000
2070400000
2070500000
2070500000
2070600000
2070900000
2070900000
2070900000
2071000000
2071100000
2071209200
2071209400
2071209500
2071980000
2079022000
2079070000
2079070000
2079080000
2079080000
2079080000
2082280000
2082280000
2082280000
2082280000
2082280000
2082202000
2082208200
2082214000
2091200000
2091200001
2092200000
2999999999
FY2012

Code P&L account Partner company Name of Partner company Amount Account number
2001110000105 Core business revenues105 Generco Healthcare Ltd (355,397) 2001110000
2001110000111111 Core business revenues111111 External (15,792,899) 2001110000
2001190000111111 Other revenues 111111 External (6,960,218) 2001190000
20200000001086 Capitalized costs 1086 G&Resources Ltd (420,017) 2020000000
20200000001007 Capitalized costs 1007 Generco Sunshine JSC (89,235) 2020000000
20200000001008 Capitalized costs 1008 Greenco Ltd (26,173) 2020000000
2020000000111101 Capitalized costs 111101 Not assigned (209,402) 2020000000
2021210000111111 Utility charges 111111 External 14,589 2021210000
2021900000111111 Direct costs 111111 External 5,463,189 2021900000
2024080000111111 Freight outbound expen 111111 External 343,675 2024080000
202409000019 R&D expenses 19 Generco Cosmetics Ltd 38,521 2024090000
202409000088 R&D expenses 88 Generco Ltd 1,980,162 2024090000
20240900001283 R&D expenses 1283 Generco Ventures Ltd 1,820 2024090000
20240900001924 R&D expenses 1924 Generco Infrastructure Ltd 10,448 2024090000
20240900002486 R&D expenses 2486 Generco Exloration Ltd 10,413 2024090000
2024090000111111 R&D expenses 111111 External 27,149 2024090000
2041000000111111 Wages and salaries 111111 External 5,507,141 2041000000
2042000000111101 Social security payment 111101 Not assigned 1,752,994 2042000000
2042000000111101 Pension contributions 111101 Not assigned 304,304 2042000000
2045000000111101 Severance indemnity con 111101 Not assigned 500,500 2045000000
2049000000111101 Other personnel expens111101 Not assigned 6,920 2049000000
2051210000111101 D&A 111101 Not assigned 1,897,677 2051210000
2051260000111101 D&A 111101 Not assigned 146,329 2051260000
2060220000111111 Gains from disposal of 111111 External (121,553) 2060220000
20690100001 Corporate recharges 1 Greeny Ltd (1,643,711) 2069010000
206901000019 Corporate recharges 19 Generco Cosmetics Ltd (416,279) 2069010000
20690100001076 Corporate recharges 1076 Generco Trading Ltd (364,244) 2069010000
20690100001086 Corporate recharges 1086 G&Resources Ltd - 2069010000
20690100001009 Corporate recharges 1009 Green Ventures Ltd - 2069010000
20690100001007 Corporate recharges 1007 Generco Sunshine JSC - 2069010000
20690100001008 Corporate recharges 1008 Greenco Ltd - 2069010000
20690100001240 Corporate recharges 1240 Generco UK (10,461) 2069010000
20690100001007 Corporate recharges 1007 Generco Semiconductors Ltd - 2069010000
206901000047037 Corporate recharges 47037 G&CR Global Ltd (482,611) 2069010000
2069010000111111 Corporate recharges 111111 External (6,786) 2069010000
206998000088 Other income 88 Generco Ltd (2,436) 2069980000
2069980000111111 Other income 111111 External 9,794 2069980000
2070290000111101 Concession fees other 111101 Not assigned 81 2070290000
2070400000111111 Marketing expenses 111111 External 65,948 2070400000
2070500000111111 Software&IT 111111 External 5,139 2070500000
2070600000111111 Leasings 111111 External 1,055,381 2070600000
20709000002240 Service expenses 2240 Greeny Germany GmbH 430,845 2070900000
2070900000105 Service expenses 105 Generco Healthcare Ltd 276,920 2070900000
2070900000111111 Service expenses 111111 External 1,130,021 2070900000
2071000000111111 Charges and contributio111111 External 7,294 2071000000
20711000001900 Insurance expenses 1900 Generco Metals Gm - 2071100000
2071100000111111 Insurance expenses 111111 External 48,469 2071100000
20712092001118 Travel expenses 1118 Gener Green LLC 23,929 2071209200
2071209200111111 Travel expenses 111111 External 2,393,259 2071209200
2071209400111111 Utility expenses 111111 External 23,070 2071209400
2071209500111111 Legal expenses 111111 External 208,367 2071209500
2071220000111111 Losses fr disposal of P 111111 External 308,232 2071220000
207151100019 Other operative currency19 Generco Cosmetics Ltd 13,423 2071511000
2071511000111111 Other operative currency111111 External 4,046 2071511000
2071910000111111 Property tax 111111 External 49,621 2071910000
2071980000111101 Misc costs 111101 Not assigned 20,323 2071980000
2079022000111111 Consulting fees 111111 External 169,489 2079022000
207907000019 Misc extraordinary expe19 Generco Cosmetics Ltd 85,463 2079070000
207907000043 Misc extraordinary expe43 Greeny France SL 11,422 2079070000
20790700001924 Misc extraordinary expe1924 Generco Infrastructure Ltd 84,439 2079070000
2079070000111111 Misc extraordinary expe111111 External 638,869 2079070000
20790800001086 Difference from eliminat 1086 G&Resources Ltd - 2079080000
20790800001007 Difference from eliminat 1007 Generco Sunshine JSC - 2079080000
20790800001008 Difference from eliminat 1008 Greenco Ltd - 2079080000
20822800001086 Interest income 1086 G&Resources Ltd - 2082280000
20822800001009 Interest income 1009 Green Ventures Ltd - 2082280000
20822800001007 Interest income 1007 Generco Sunshine JSC - 2082280000
20822800001008 Interest income 1008 Greenco Ltd - 2082280000
20822800001240 Interest income 1240 Generco UK (34,225) 2082280000
20822800001006 Interest income 1006 Generco Mining GmbH (6,778) 2082280000
20822800001007 Interest income 1007 Generco Semiconductors Ltd - 2082280000
2082280000111111 Interest income 111111 External (2,205) 2082280000
2082208200111101 Non-recurring costs 111101 Not assigned 80,617 2082208200
208221400088 Interest expenses 88 Generco Ltd 2,752,704 2082214000
20822140001007 Interest expenses 1007 Generco Semiconductors Ltd - 2082214000
2082214000111111 Interest expenses 111111 External 1,251 2082214000
20821100001240 Impairment of participat 1240 Generco UK 4,130,000 2082110000
2091200000111101 Current taxes 111101 Not assigned 496,749 2091200000
2091200001111101 Regional taxes 111101 Not assigned 480,873 2091200001
2091900000111101 Quarterly changes in cur111101 Not assigned - 2091900000
2092200000111101 Deferred taxes 111101 Not assigned 6,570 2092200000
2111111999111101 Net income/(loss) 111101 Not assigned 6,073,808 2111111999
FY2013

Code P&L account Partner company Name of Partner company Amount Account Number
2001110000105 Core business revenues105 Generco Healthcare Ltd (616,462) 2001110000
2001110000111111 Core business revenues111111 External (14,431,341) 2001110000
2001190000111111 Other revenues 111111 External (6,373,618) 2001190000
2021210000111111 Utility charges 111111 External 20,505 2021210000
2021900000111111 Direct costs 111111 External 5,674,152 2021900000
2024020000111111 Operating expenses for 111111
ut External 13,692 2024020000
2024080000111111 Freight outbound expen 111111 External 350,371 2024080000
202409000088 R&D expenses 88 Generco Ltd 3,116,017 2024090000
20240900001283 R&D expenses 1283 Generco Ventures Ltd - 2024090000
20240900001924 R&D expenses 1924 Generco Infrastructure Ltd 673 2024090000
20240900002185 R&D expenses 2185 Generco Green Projects Gm 192,017 2024090000
20240900002240 R&D expenses 2240 Greeny Germany GmbH 375,290 2024090000
202409000017000 R&D expenses 17000 Generco Risk Management Lt 4,920 2024090000
2024090000111111 R&D expenses 111111 External 9,784 2024090000
2041000000111111 Wages and salaries 111111 External 3,982,700 2041000000
2042000000111101 Social security payment 111101 Not assigned 1,420,797 2042000000
2042000000111101 Pension contributions 111101 Not assigned 288,892 2042000000
2045000000111101 Severance indemnity con 111101 Not assigned 143,500 2045000000
2051210000111101 D&A 111101 Not assigned 1,875,768 2051210000
2051260000111101 D&A 111101 Not assigned 12,593 2051260000
20604410001118 Other operative currency1118 Gener Green LLC - 2060441000
2060441000111111 Other operative currency111111 External (1,253) 2060441000
20690100001 Corporate recharges 1 Greeny Ltd (1,418,521) 2069010000
206901000019 Corporate recharges 19 Generco Cosmetics Ltd (622,966) 2069010000
20690100001076 Corporate recharges 1076 Generco Trading Ltd - 2069010000
20690100001086 Corporate recharges 1086 G&Resources Ltd - 2069010000
20690100001009 Corporate recharges 1009 Green Ventures Ltd - 2069010000
20690100001007 Corporate recharges 1007 Generco Sunshine JSC - 2069010000
20690100001008 Corporate recharges 1008 Greenco Ltd - 2069010000
20690100001240 Corporate recharges 1240 Generco UK - 2069010000
20690100001006 Corporate recharges 1006 Generco Mining GmbH - 2069010000
20690100001007 Corporate recharges 1007 Generco Semiconductors Ltd - 2069010000
206901000047037 Corporate recharges 47037 G&CR Global Ltd (1,948,832) 2069010000
2069010000111111 Corporate recharges 111111 External (902,858) 2069010000
2069020000111111 Reimbursements+compen 111111 External (61,500) 2069020000
2069980000105 Other income 105 Generco Healthcare Ltd (30,913) 2069980000
2069980000111111 Other income 111111 External (15,872) 2069980000
2070400000111111 Marketing expenses 111111 External 57 2070400000
2070500000111111 Software&IT 111111 External 19,199 2070500000
2070600000105 Leasings 105 Generco Healthcare Ltd (1,423,120) 2070600000
2070600000111111 Leasings 111111 External (172,933) 2070600000
2070900000105 Service expenses 105 Generco Healthcare Ltd 473,575 2070900000
2070900000111111 Service expenses 111111 External 1,481,408 2070900000
2071000000111111 Charges and contributio111111 External 40,049 2071000000
207110000088 Insurance expenses 88 Generco Ltd 585 2071100000
2071100000111111 Insurance expenses 111111 External 64,040 2071100000
2071209100111111 Repairs/Maintenance co111111 External 1,353 2071209100
2071209200111111 Travel expenses 111111 External 2,514,432 2071209200
2071209400111111 Utility expenses 111111 External 4,194 2071209400
2071209500111111 Legal expenses 111111 External 106,526 2071209500
2071980000111101 Misc costs 111101 Not assigned 109,811 2071980000
2079022000111111 Consulting fees 111111 External 61,111 2079022000
20790700001924 Misc extraordinary expe1924 Generco Infrastructure Ltd - 2079070000
2079070000105 Misc extraordinary expe105 Generco Healthcare Ltd 1,684,415 2079070000
2079070000111111 Misc extraordinary expe111111 External 575,626 2079070000
20790800001086 Difference from eliminat 1086 G&Resources Ltd - 2079080000
20790800001007 Difference from eliminat 1007 Generco Semiconductors Ltd - 2079080000
20822800001086 Interest income 1086 G&Resources Ltd - 2082280000
20822800001009 Interest income 1009 Green Ventures Ltd - 2082280000
20822800001007 Interest income 1007 Generco Sunshine JSC - 2082280000
20822800001008 Interest income 1008 Greenco Ltd - 2082280000
20822800001240 Interest income 1240 Generco UK - 2082280000
20822800001006 Interest income 1006 Generco Mining GmbH - 2082280000
2082280000111111 Interest income 111111 External (73,810) 2082280000
2082208200111101 Non-recurring costs 111101 Not assigned 7,173 2082208200
208221400088 Interest expenses 88 Generco Ltd 2,324,466 2082214000
20822140001007 Interest expenses 1007 Generco Semiconductors Ltd - 2082214000
2082214000111111 Interest expenses 111111 External 51 2082214000
2082110000111101 Impairment of participat 111101 Not assigned - 2082110000
2091200000111101 Current taxes 111101 Not assigned 2,558 2091200000
2091200001111101 Regional taxes 111101 Not assigned 522,710 2091200001
2092200000111101 Deferred taxes 111101 Not assigned (160,304) 2092200000
2111111997111101 Offset segments (tech.) 111101 Not assigned - 2111111997
2111111999111101 Net income/(loss) 111101 Not assigned (779,290) 2111111999
2. Building a P&L -->
Database

Code P&L account Partner company Name of Partner company

2001110000111111 Core business revenues 111111 External
2001190000111111 Other revenues 111111 External
20200000001009 Capitalized costs 1009 Green Ventures Ltd
20200000001007 Capitalized costs 1007 Generco Sunshine JSC
20200000001008 Capitalized costs 1008 Greenco Ltd
2020000000111101 Capitalized costs 111101 Not assigned
2021900000111111 Direct costs 111111 External
2024080000111111 Freight outbound expenses 111111 External
202409000088 R&D expenses 88 Generco Ltd
2024090000111111 R&D expenses 111111 External
2041000000111111 Wages and salaries 111111 External
2042000000111101 Pension contributions 111101 Not assigned
204200000088 Pension contributions 88 Generco Ltd
2045000000111101 Severance indemnity contributio 111101 Not assigned
2051210000111101 D&A 111101 Not assigned
2051260000111101 D&A 111101 Not assigned
20690100001 Corporate recharges 1 Greeny Ltd
206901000014 Corporate recharges 14 Generco Cosmetics Ltd
20690100001037 Corporate recharges 1037 Generco Canada JSC
20690100001087 Corporate recharges 1087 Gener Beauty GmbH
20690100001009 Corporate recharges 1009 Green Ventures Ltd
20690100001007 Corporate recharges 1007 Generco Sunshine JSC
20690100001008 Corporate recharges 1008 Greenco Ltd
20690100001240 Corporate recharges 1240 Generco UK
2069010000111111 Corporate recharges 111111 External
2069980000111111 Other income 111111 External
2070400000111111 Marketing expenses 111111 External
207050000088 Software&IT 88 Generco Ltd
2070500000111111 Software&IT 111111 External
2070600000111111 Leasings 111111 External
207090000043 Service expenses 43 Greeny France SL
20709000002240 Service expenses 2240 Greeny Germany GmbH
2070900000111111 Service expenses 111111 External
2071000000111111 Charges and contributions 111111 External
2071100000111111 Insurance expenses 111111 External
2071209200111111 Travel expenses 111111 External
2071209400111111 Utility expenses 111111 External
2071209500111111 Legal expenses 111111 External
2071980000111101 Misc costs 111101 Not assigned
2079022000111111 Consulting fees 111111 External
2079070000105 Misc extraordinary expenses 105 Generco Healthcare Ltd
2079070000111111 Misc extraordinary expenses 111111 External
20790800001009 Difference from eliminations 1009 Green Ventures Ltd
20790800001007 Difference from eliminations 1007 Generco Sunshine JSC
20790800001008 Difference from eliminations 1008 Greenco Ltd
20822800001009 Interest income 1009 Green Ventures Ltd
20822800001007 Interest income 1007 Generco Sunshine JSC
20822800001008 Interest income 1008 Greenco Ltd
20822800001240 Interest income 1240 Generco UK
2082280000111111 Interest income 111111 External
2082202000111101 Capitalized interest 111101 Not assigned
2082208200111101 Non-recurring costs 111101 Not assigned
208221400088 Interest expenses 88 Generco Ltd
2091200000111101 Current taxes 111101 Not assigned
2091200001111101 Regional taxes 111101 Not assigned
2092200000111101 Deferred taxes 111101 Not assigned
2999999999111101 Net income/(loss) 111101 Not assigned
2001110000105 Core business revenues 105 Generco Healthcare Ltd
20200000001086 Capitalized costs 1086 G&Resources Ltd
2021210000111111 Utility charges 111111 External
202409000019 R&D expenses 19 Generco Cosmetics Ltd
20240900001283 R&D expenses 1283 Generco Ventures Ltd
20240900001924 R&D expenses 1924 Generco Infrastructure Ltd
20240900002486 R&D expenses 2486 Generco Exloration Ltd
2049000000111101 Other personnel expenses 111101 Not assigned
2060220000111111 Gains from disposal of PP&E 111111 External
206901000019 Corporate recharges 19 Generco Cosmetics Ltd
20690100001076 Corporate recharges 1076 Generco Trading Ltd
20690100001086 Corporate recharges 1086 G&Resources Ltd
206901000047037 Corporate recharges 47037 G&CR Global Ltd
206998000088 Other income 88 Generco Ltd
2070290000111101 Concession fees other 111101 Not assigned
2070900000105 Service expenses 105 Generco Healthcare Ltd
20711000001900 Insurance expenses 1900 Generco Metals Gm
20712092001118 Travel expenses 1118 Gener Green LLC
2071220000111111 Losses fr disposal of PPE 111111 External
207151100019 Other operative currency differe 19 Generco Cosmetics Ltd
2071511000111111 Other operative currency differe 111111 External
2071910000111111 Property tax 111111 External
207907000019 Misc extraordinary expenses 19 Generco Cosmetics Ltd
207907000043 Misc extraordinary expenses 43 Greeny France SL
20790700001924 Misc extraordinary expenses 1924 Generco Infrastructure Ltd
20790800001086 Difference from eliminations 1086 G&Resources Ltd
20822800001086 Interest income 1086 G&Resources Ltd
20822800001006 Interest income 1006 Generco Mining GmbH
20822140001007 Interest expenses 1007 Generco Semiconductors Ltd
2082214000111111 Interest expenses 111111 External
20821100001240 Impairment of participation 1240 Generco UK
2091900000111101 Quarterly changes in current tax 111101 Not assigned
2111111999111101 Net income/(loss) 111101 Not assigned
2024020000111111 Operating expenses for utilities 111111 External
20240900002185 R&D expenses 2185 Generco Green Projects GmbH
20240900002240 R&D expenses 2240 Greeny Germany GmbH
202409000017000 R&D expenses 17000 Generco Risk Management Ltd
20604410001118 Other operative currency differe 1118 Gener Green LLC
2060441000111111 Other operative currency differe 111111 External
20690100001006 Corporate recharges 1006 Generco Mining GmbH
2069020000111111 Reimbursements+compensation 111111 External
2069980000105 Other income 105 Generco Healthcare Ltd
2070600000105 Leasings 105 Generco Healthcare Ltd
207110000088 Insurance expenses 88 Generco Ltd
2071209100111111 Repairs/Maintenance costs 111111 External
2082110000111101 Impairment of participation 111101 Not assigned
2111111997111101 Offset segments (tech.) 111101 Not assigned
 FY11 FY12 FY13 Mapping
14,500,341 15,792,899 14,431,341 Net Sales 1
4,794,856 6,960,218 6,373,618 Other revenues 1
154,890 - - Capitalized costs 1
1,180,894 89,235 - Capitalized costs 1
793,080 26,173 - Capitalized costs 1
2,277,198 209,402 - Capitalized costs 1
(4,428,912) (5,463,189) (5,674,152) Direct costs 1
(16,978) (343,675) (350,371) Other operating expenses 1
(2,245,438) (1,980,162) (3,116,017) Other operating expenses 1
(16,606) (27,149) (9,784) Other operating expenses 1
(4,683,394) (5,507,141) (3,982,700) Personnel expenses 1
(1,143,052) (2,057,298) (1,709,689) Personnel expenses 1
(239,380) - - Personnel expenses 1
(104,914) (500,500) (143,500) Personnel expenses 1
(2,003,262) (1,897,677) (1,875,768) D&A 1
(41,981) (146,329) (12,593) D&A 1
2,156,147 1,643,711 1,418,521 Recharges 1
291,429 - - Recharges 1
- - - Recharges 1
33,737 - - Recharges 1
- - - Recharges 1
- - - Recharges 1
- - - Recharges 1
199,600 10,461 - Recharges 1
539,141 6,786 902,858 Recharges 1
57 (9,794) 15,872 Other income 1
(22,315) (65,948) (57) Other operating expenses 1
(204,000) - - Other operating expenses 1
(138) (5,139) (19,199) Other operating expenses 1
(1,127,446) (1,055,381) 172,933 Leasing 1
(133,722) - - Services 1
(328,062) (430,845) - Services 1
(2,081,304) (1,130,021) (1,481,408) Services 1
(33,410) (7,294) (40,049) Other operating expenses 1
(213,091) (48,469) (64,040) Other operating expenses 1
(1,813,525) (2,393,259) (2,514,432) Travel costs 1
(5,552) (23,070) (4,194) Other operating expenses 1
(43,869) (208,367) (106,526) Other operating expenses 1
(10,935) (20,323) (109,811) Other operating expenses 1
(20,400) (169,489) (61,111) Other operating expenses 1
- - (1,684,415) Other operating expenses 1
(563,918) (638,869) (575,626) Other operating expenses 1
- - - - 0
- - - - 0
- - - - 0
- - - Financial items 1
- - - Financial items 1
- - - Financial items 1
35,810 34,225 - Financial items 1
51,927 2,205 73,810 Financial items 1
862,271 - - Capitalized costs 1
(22,763) (80,617) (7,173) Extraordinary items 1
(2,930,430) (2,752,704) (2,324,466) Financial items 1
49,379 (496,749) (2,558) Taxes 1
 (516,251) (480,873) (522,710) Taxes 1
(21,593) (6,570) 160,304 Taxes 1
(2,904,118) - - Net Income 1
- 355,397 616,462 Net sales 1
- 420,017 - Capitalized costs 1
- (14,589) (20,505) Other operating expenses 1
- (38,521) - Other operating expenses 1
- (1,820) - Other operating expenses 1
- (10,448) (673) Other operating expenses 1
- (10,413) - Other operating expenses 1
- (6,920) - Personnel expenses 1
- 121,553 - Extraordinary items 1
- 416,279 622,966 Recharges 1
- 364,244 - Recharges 1
- - - Recharges 1
- 482,611 1,948,832 Recharges 1
- 2,436 - Other income 1
- (81) - Other operating expenses 1
- (276,920) (473,575) Services 1
- - - - 0
- (23,929) - Other operating expenses 1
- (308,232) - Extraordinary items 1
- (13,423) - Other operating expenses 1
- (4,046) - Other operating expenses 1
- (49,621) - Other operating expenses 1
- (85,463) - Extraordinary items 1
- (11,422) - Extraordinary items 1
- (84,439) - Extraordinary items 1
- - - - 0
- - - Financial items 1
- 6,778 - Financial items 1
- - - Financial items 1
- (1,251) (51) Financial items 1
- (4,130,000) - Extraordinary items 1
- - - - 0
- 6,073,808 (779,290) Net Income 1
- - (13,692) Other operating expenses 1
- - (192,017) Other operating expenses 1
- - (375,290) Other operating expenses 1
- - (4,920) Other operating expenses 1
- - - Other operating expenses 1
- - 1,253 Other operating expenses 1
- - - Recharges 1
- - 61,500 Other operating expenses 1
- - 30,913 Other income 1
- - 1,423,120 Leasing 1
- - (585) Other operating expenses 1
- - (1,353) Other operating expenses 1
- - - - 0
- - - - 0
xx
P&L statement
Var% Var%
EUR in millions FY11 FY12 FY13 FY11-FY12 FY12-FY13
Net Sales 14.5 16.1 15.0 11.4% -6.8%
Other revenues 4.8 7.0 6.4 45.2% -8.4%
Recharges 3.2 2.9 4.9 -9.2% 67.3%
Total Revenues 22.5 26.0 26.3 15.6% 1.1%
Direct costs (4.4) (5.5) (5.7) 23.4% 3.9%
Gross Margin 18.1 20.6 20.6 13.7% 0.3%
Other operating expenses (3.4) (3.7) (6.7) 9.1% 80.5%
Personnel expenses (6.2) (8.1) (5.8) 30.8% -27.7%
Leasing (1.1) (1.1) 1.6 -6.4% <-100.0%
Services (2.5) (1.8) (2.0) -27.7% 6.4%
Travel costs (1.8) (2.4) (2.5) 32.0% 5.1%
Other income 0.0 (0.0) 0.0 <-100.0% <-100.0%
Capitalized costs 5.3 0.7 - -85.9% -100.0% 20.0
EBITDA 8.3 4.2 5.3 -48.9% 24.7%
D&A (2.0) (2.0) (1.9) -0.1% -7.6%
15.0
EBIT 6.3 2.2 3.4 -64.8% 54.7%
Financial items (2.8) (2.7) (2.3) -4.6% -17.0%
Extraordinary items (0.0) (4.6) (0.0) >100.0% -99.8% 10.0
EBT 3.4 (5.1) 1.1 <-100.0% <-100.0%
Taxes (0.5) (1.0) (0.4) >100.0% -62.9% 5.0
Net Income 2.9 (6.1) 0.8 <-100.0% <-100.0%

Gross Margin % 80.3% 79.0% 78.4% -

1
EBITDA % 36.9% 16.3% 20.1%
EBIT % 27.8% 8.4% 12.9% (5.0)

(10.0)
Net income (2.9) 6.1 (0.8)
Net Sales
- - -
1 2 3

Net Sales Net Income