Parent Company's Financial Statements (FAS)

Parent's income statement

€	1 Jan.-31 Dec. 2011	1 Jan.-31 Dec. 2010

Net sales	25,621,748.61	22,902,406.32
Other operating income	123,529,699.73	203,915,958.89
Materials and services	189.39	-251.91
Staff expenses	-14,739,739.34	84,202,193.58
Depreciation and reduction in value	-15,912,629.43	-18,950,307.10
Other operating expenses	-99,201,860.46	-112,216,261.62
Operating profit	19,297,408.50	179,853,738.16

Financial income and expenses	13,569,860.15	11,316,516.87
Profit before extraordinary items	32,867,268.65	191,170,255.03

Extraordinary items	103,123,780.45	51,637,711.18

Profit before appropriations and taxes	135,991,049.10	242,807,966.21

Appropriations	222,906.59	11,578,899.13
Profit before taxes	136,213,955.69	254,386,865.34

Income taxes	-35,660,765.71	-64,854,150.69
Profit for the financial year	100,553,189.98	189,532,714.65