Grupa LOTOS S.A. Integrated Annual Report 2012

Consolidated statement of comprehensive income

Consolidated statement of comprehensive income for 2012

(PLN '000)	Note	Year ended Dec 31 2012	Year ended Dec 31 2011
Revenue	9.1	33,111,000	29,259,586
Cost of sales	9.4	(30,327,507)	(26,572,381)
Gross profit		2,783,493	2,687,205
Distribution costs	9.4	(1,054,839)	(1,000,366)
Administrative expenses	9.4	(463,804)	(432,269)
Other income	9.2	47,562	41,715
Other expenses	9.6	(1,090,052)	(337,874)
Effect of accounting for step acquisition of control (AB LOTOS Geonafta Group)	2	57,747	126,383
Loss of control over subsidiary	2	20,966	679
Operating profit		301,073	1,085,473
Finance income	9.3	302,008	22,272
Finance costs	9.7	(241,879)	(559,262)
Share in profit of equity-accounted associates	16	-	2,896
Pre-tax profit		361,202	551,379
Corporate income tax	10.1	561,768	97,943
Net profit		922,970	649,322
Other comprehensive income
Exchange differences on translating foreign operations		(39,076)	57,835
Cash flow hedges	24	472,197	(516,892)
Income tax on other comprehensive income	10.1	(75,853)	87,363
Other comprehensive income (net)		357,268	(371,694)
Total comprehensive income		1,280,238	277,628

Net profit attributable to:
Owners of the Parent	11	922,943	648,994
Non-controlling interests	27	27	328
		922,970	649,322
Total comprehensive income attributable to:
Owners of the Parent		1,280,225	277,271
Non-controlling interests	27	13	357
		1,280,238	277,628
Net profit attributable to owners of the Parent per share (PLN)
Weighted average number of shares ('000)	11	129,873	129,873
- basic	11	711	500
- diluted	11	711	500