Consolidated Income Statement

in thousands of EUR

Notes

2015

2014

Revenue

7

3,204,886

2,816,994

Cost of sales and direct related expenses

8

- 876,455

- 743,712

Gross profit

2,328,431

2,073,282

Selling and marketing costs

8

- 1,616,602

- 1,445,702

General and administrative costs

8

- 363,286

- 341,667

Share of result of associates

9

4,620

2,696

Operating result

353,163

288,609

Finance income

10

4,849

4,410

Finance costs

10

- 23,997

- 38,776

Net financial result

- 19,148

- 34,366

Result before tax

334,015

254,243

Income tax

11

- 103,021

- 79,682

Result for the year

230,994

174,561

Attributable to:

Equity holders

212,730

161,203

Non-controlling interests

18,264

13,358

230,994

174,561

Earnings per share, basic and diluted (in EUR per share)

12

0.84

0.64

The accompanying notes are an integral part of these consolidated financial statements.