Group Income Statement

 

  Notes 2009
 
CHF million		 2008
(restated)1
CHF million
Net revenue from goods and services sold   23'701.1 24'449.5
Other operating income 8 257.3 282.5
Income before financial services business   23'958.4 24'732.0
     
Interest and commission income and (net) gains on financial instruments of the financial services business 7 988.5 1'017.8
Total income 6 24'946.9 25'749.8
     
Cost of goods and services sold 9 14'455.8 15'414.8
Interest and commission expense and valuation allowances of the financial services business 7 426.5 509.6
Personnel expenses 10 4'931.7 4'901.4
Depreciation and amortisation 27-29 1'125.3 983.9
Other operating expenses 11 2'854.5 2'826.8
Operating profit before pension plan effect   1'153.1 1'113.3
     
Pension plan effect before income tax 10 171.1 -
Operating profit   1'324.2 1'113.3
     
Finance income 12 64.2 -73.0
Finance cost 12 -96.2 -132.5
Share of (loss)/profit from associates and joint ventures 13 -25.2 2.5
Profit before income tax   1'267.0 910.3
     
Income tax expense 14 285.4 209.4
Group profit   981.6 700.9
     
Additional information      
Pension plan effect after income tax 135.3 -
Profit before pension plan effect   846.3 700.9
     
Attribution of Group profit      
Profit attributable to members of the Cooperatives   985.8 701.5
Profit/(loss) attributable to minority interests   -4.2 -0.6
Group profit   981.6 700.9

1 Restated due to changed requirements of IAS 38 concerning the timing of recognition of catalogue costs. See also Note 2.

The Notes referred to above can be found in the full Migros Group Annual Report (under Download).