56
57
Annual Financial Statements
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
1/1-31/12/2015 1/1-31/12/2014
1/1-31/12/2015 1/1-31/12/2014
Sales
1,382,873
1,232,604
13,528
14,410
Cost of sales
(1,156,353)
(991,785)
(13,501)
(14,386)
Gross profit
4.17
226,520
240,819
26
24
Other operating income
4,19
36,038
69,570
13,687
24,159
Distribution expenses
4,18
(3,596)
(3,024)
-
-
Administrative expenses
4,18
(60,294)
(61,082)
(12,566)
(13,018)
Research & Development expenses
(139)
(947)
-
-
Other operating expenses
4,19
(24,283)
(47,706)
(3,653)
(3,824)
Earnings before interest and income tax
174,247
197,630
(2,506)
7,341
Financial income
4.20
3,005
9,205
52
102
Financial expenses
4.20
(64,598)
(71,092)
(15,441)
(20,118)
Other financial results
4.21
(4,061)
808
16,189
7,947
Share of profit of associates
197
(241)
-
-
Profit before income tax
108,791
136,311
(1,705)
(4,728)
Income tax expense
(28,379)
(22,643)
1,434
2,504
Profit for the period
4.24
80,412
113,667
(271)
(2,224)
Result from discontinuing operations
4.25
(4,713)
(259)
-
-
Profit for the period
75,699
113,408
(271)
(2,224)
Attributable to:
Equity holders of the parent
4,23
47,548
64,890
(271)
(2,224)
Non controlling Interests
28,151
48,519
-
-
Basic earnings per share
0,4067
0,5550
(0,0023)
(0,0190)
Earnings per share
0,4067
0,5550
(0,0023)
(0,0190)
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
1/1-31/12/2015 1/1-31/12/2014
1/1-31/12/2015 1/1-31/12/2014
Summury of Results from continuing operations
Earnings before income tax,financial
results,depreciation and amortization
(Circular No.34 Hellenic Capital Market)
234,103
253,896
(2,161)
7,725
Oper.Earnings before income
tax,financial results,depreciation and
amortization
234,373
253,943
(2,161)
7,725
Earnings before interest and income tax
174,247
197,630
(2,506)
7,341
Profit before income tax
108,791
136,311
(1,705)
(4,728)
Profit for the period
4.24
80,412
113,667
(271)
(2,224)
(A)Definition of line item: Earnings before
income tax,financ results,depr&amort
(Cicular No.34 Hellenic Capital Market)
Profit before income tax
108,791
136,311
Plus: Financial results
65,653
61,079
Plus: Capital results
(197)
241
Plus: Depreciation
59,856
56,266
Earnings before income tax,financial
results,depreciation and amortization
234,103
253,896
(B)Definition of line item: OperEarnings
before income tax,financ.res,depr&amort
Profit before income tax
108,791
136,311
Plus: Financial results
65,653
61,079
Plus: Capital results
(197)
241
Plus: Depreciation
59,856
56,266
Subtotal
234,103
253,896
Plus: Other operating results (ΙΙ)
270
47
Oper.Earnings before income
tax,financial results,depreciation and
amortization
234,373
253,943
6. Annual Financial Statements
We confirm that the attached Financial Statements are those approved by the
Board of Directors of
“MYTILINEOS S.A.”
at 22.03.2016 and have been pub-
lished to the electronic address
, were they will remain posted
for a minimum period of five (5) years. It is noted that the published, in the press,
brief financial data aim to provide the user with general information but do not
present a full picture of the Company’s and Group’s financial results and posi-
tion, according to International Accounting Standards. It is also noted that, for
simplification purposes, the published, in the press, brief financial data contain
summarizations or reclassifications of certain figures.
Income Statement
The notes on pages 56 to 123 are an integral part of these financial statements.
