group income statement

of kuka Aktiengesellschaft for the period January 1 – December 31, 2008

in € thousands	notes	2007	2008
sales revenue	1	1,286,367	1,266,115
Costs of sales	2	– 1,028,137	– 1,005,329
gross income		258,230	260,786
Selling expenses	2	– 83,378	– 91,678
Research and development expenses	2	– 30,776	– 33,711
General and administrative expenses	2	– 69,349	– 81,867
Other operating income and expenses	3	– 4,278	– 1,513
earnings from operating activities		70,449	52,017
Write-off of financial assets	4	– 91	0
Interest income	5	5,476	9,679
Interest expense	5	– 13,379	– 14,696
financial results		– 7,994	– 5,017
earnings before tax		62,455	47,000
Taxes on income	6	– 13,638	– 16,448
earnings from continuing operations		48,817	30,552
Earnings from operating activities of discontinued operations		– 2,687	0
Result from the disposal of discontinued operations		71,798	0
result from discontinued operations	7	69,111	0
annual net profit		117,928	30,552
Annual net profit attributable to minority interests		49	61
Annual net profit attributable to kuka		117,879	30,491
Earnings per share (basic)	8	4.43	1.18
(of that discontinued operations)	8	(2.60)	(0.00)

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