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Consolidated Income Statement

of the HUGO BOSS Group for the period from January 1 to December 31, 2013

Consolidated Income Statement (in EUR thousand)

Notes

2013

2012¹

¹	Due to the changes in accounting policies and the corrections made, certain amounts shown here do not correspond to the figures reported in prior years (for details see Notes to the consolidated financial statements, PDF: (PDF:) Changes in accounting policies/corrections).
²	Basic and diluted earnings per share.
³	2013: Proposed dividend.

Sales

(1)

2,432,133

2,345,854

Cost of sales

(2)

(852,583)

(901,798)

Gross profit

1,579,550

1,444,056

in % of sales

64.9

61.6

Selling and distribution expenses

(3)

(891,588)

(791,892)

Administration expenses

(4)

(228,518)

(215,962)

Other operating income and expenses

(5)

(3,291)

(4,163)

Operating result (EBIT)

456,153

432,039

Net interest income/expenses

(14,428)

(18,021)

Other interest and similar income

1,994

2,659

Interest and similar expenses

(16,422)

(20,680)

Other financial items

(8,259)

(5,826)

Financial result

(6)

(22,687)

(23,847)

Earnings before taxes

433,466

408,192

Income taxes

(7)

(100,107)

(97,616)

Net income

333,359

310,576

Attributable to:

Equity holders of the parent company

328,965

306,450

Non-controlling interests

(8)

4,394

4,126

Earnings per share (EUR)²

(9)

4.77

4.44

Dividend per share (EUR)

(23)

3.34³

3.12

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