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Consolidated STATEMENT OF PROFIT AND LOSS
| (in thousands of euros) | Year ended Aug. 31, 2014 | Year ended Aug. 31, 2013 |
| Sales revenue | 4,174,512 | 3,891,609 |
| Other revenue from operations | 17,608 | 10,589 |
| Purchases used in the production | 1,711,558 | 1,556,945 |
| Personnel costs | 1,221,512 | 1,122,996 |
| External costs | 594,420 | 537,970 |
| Taxes other than income taxes | 34,155 | 30,394 |
| Depreciation and amortization | 93,916 | 81,923 |
| Charges to provisions | 33,727 | 24,629 |
| Changes in inventories of finished goods and work in progress | 64,757 | 38,089 |
| Other operating income and expenses | (1,162) | (1,107) |
| Current operating income | 566,427 | 584,323 |
| Non-current operating items | (24,587) | (23,186) |
| Operating income | 541,840 | 561,137 |
| Income/(expenses) related to cash and cash equivalents | 1,528 | (424) |
| Cost of gross debt | (32,791) | (25,259) |
| Cost of net debt | (31,263) | (25,683) |
| Other financial income and expenses | (2,496) | (2,365) |
| Income taxes | (153,390) | (161,629) |
| Results of companies accounted for by the equity method | (1,088) | (732) |
| NET INCOME | 353,603 | 370,728 |
| Attributable to non-controlling interests | (810) | (186) |
| Attributable to equity holders of the parent company | 354,413 | 370,914 |
| Basic earnings per share attributable to equity holders of the parent company | €1.291 | €1.362 |
| Diluted earnings per share attributable to equity holders of the parent company | €1.280 | €1.346 |
104 TRAVEL JOURNAL 2013/2014
