Consolidated Statements of Income

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Consolidated Statements of Income DKKm
Note 2009  2008  2007 
              
Revenue 4  5  35,939  35,609  36,779 
              
Transmission costs and cost of goods sold    (10,149) (10,433) (11,206)
Other external expenses    (7,491) (7,281) (7,268)
Wages, salaries and pension costs 6  (5,486) (6,166) (6,808)
Total operating expenses before depreciation, etc.      (23,126) (23,880) (25,282)
              
Other income and expenses 7  233  472  266 
Income before depreciation, amortization and special items (EBITDA)      13,046  12,201  11,763 
              
Depreciation, amortization and impairment losses    (6,319) (6,100) (7,446)
Operating income excluding special items      6,727  6,101  4,317 
              
Special items 8  (1,187) (3,070) 503 
Operating income      5,540  3,031  4,820 
              
Income from joint ventures and associates 15  76  200  266 
              
Fair value adjustments    (223) (708) 391 
Currency translation adjustments    (184) 760  226 
Financial income    1,059  2,680  2,026 
Financial expenses    (2,534) (4,451) (5,044)
Net financials   9  (1,882) (1,719) (2,401)
              
Income before income taxes    3,734  1,512  2,685 
Income taxes 10  (987) (588) 326 
Net income from continuing operations      2,747  924  3,011 
              
Net income/(loss) from discontinued operations 11  (364) (367) 621 
Net income      2,383  557  3,632 
              
Attributable to:            
Shareholders of the Parent Company    2,424  708  3,912 
Minority interests    (41) (151) (280)
Total      2,383  557  3,632 
              
EPS (DKK) 12          
Earnings per share, basic    12.2  3.6  19.7 
Earnings per share, diluted    12.2  3.6  19.7 
Earnings per share from continuing operations, basic    13.8  4.7  15.2 
Earnings per share from continuing operations, diluted    13.8  4.7  15.2 
Earnings per share from discontinued operations, basic    (1.6) (1.1) 4.5 
Earnings per share from discontinued operations, diluted      (1.6) (1.1) 4.5