Consolidated Profit and Loss Account
2002 2001*
in millions of euros
Net turnover 10,293 9,333
Raw materials, consumables and services 5,558 5,089
Excise duties 1,282 1,226
Staffcosts 1,642 1,417
Amortisation/depreciation and value adjustments 529 476
Total operating expenses 9,011 8,208
Operating profit 1,282 1,125
Results of non-consolidated participating interests 48 45
Interest -109 - 71
Profit before tax 1,221 1,099
Taxation - 364 - 327
Group profit after tax 857 772
Minority interests - 62 - 57
Net profit on ordinary activities 795 715
Extraordinary result after tax - 52
Net profit 795 767
Number of shares in issue 391,979,675 391,979,675
Net profit per share on ordinary activities 2.03 1.82
The 2001 figures have been restated for comparison purposes.
FINANCIAL STATEMENTS 2002
47
