Statement oF comprehenSive income

income Statement

(€ thousands)

Note

2013

2012*

Sales revenue

10

2,247,331

2,268,211

Changes in inventories

– 24,931

23,871

Work performed and capitalised

1,530

1,755

Total output of operations

2,223,930

2,293,837

Other income

11

44,568

44,316

Cost of materials

12

– 892,304

– 985,171

Staff costs

13

– 787,552

– 758,285*

Depreciation and amortisation expense

1

– 60,163

– 58,647

Other expenses

14

– 383,410

– 377,712

Other taxes

– 12,573

– 11,260

132,496

147,078*

Financial income

15

6,840

9,212

Financial expense

15

– 23,380

– 23,519

Income / expense from investments accounted for using the equity method

15

3,459

– 13,081

– 14,307

Earnings before income taxes

119,415

132,771*

Taxes on income

16

– 39,550

– 42,502*

Earnings after income taxes

79,865

90,269*

Attributable to: Non-controlling interest

17

14,183

15,649

Attributable to: Shareholders of KSB AG

 

65,682

74,620*

 

Diluted and basic earnings per ordinary share (€)

19

37.38

42.48*

Diluted and basic earnings per preference share (€)

19

37.64

42.74*

Statement oF income and eXpenSe recogniSed in equity **

(€ thousands)

Notes

2013

2012*

Earnings after income taxes

79,865

90,269*

Expense and income recognised directly in equity and not reclassified to profit or loss in subsequent periods

13,056

– 75,162*

Actuarial gains / losses under IAS 19

8

18,991

– 107,193*

Taxes on income

– 5,935

32,031*

Expense and income recognised directly in equity and reclassified to profit or loss in subsequent periods – 50,596 – 10,398
Currency translation differences

– 53,452

– 13,891

Measurement of financial instruments

4,212

4,918

Taxes on income

– 1,356 – 1,425
Other comprehensive income – 37,540 – 85,560*
Total comprehensive income 42,325 4,709*
Attributable to: Non-controlling interest 4,889 12,227*

Attributable to: Shareholders of KSB AG

37,436 – 7,518*

Also see the relevant explanations in the Notes to the Consolidated Financial Statements.
* Adjustment to reflect retroactive amendment to IAS 19
** Presentation adjusted to reflect first-time application of amended IAS 1