See also
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
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Telefonica S.A., Consolidated Income Statement
USD $ in millions, translated from EUR €
| 12 months ended | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
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Rendering of services | |
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Net sales | |
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Revenue from operations | |
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Ancillary income | |
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Own work capitalized | |
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Government grants | |
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Gain on disposal of assets | |
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Other income | |
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Supplies | |
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Personnel expenses | |
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Leases | |
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Advertising | |
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Other external services | |
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Taxes other than income tax | |
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Other operating expenses | |
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Change in trade provisions | |
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Losses on disposal of fixed assets and changes in provisions for fixed assets | |
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Other expenses | |
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Depreciation of property, plant and equipment | |
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Amortization of intangible assets | |
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Depreciation and amortization | |
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Operating income | |
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Share of profit (loss) of associates | |
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Finance income | |
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Exchange gains | |
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Finance costs | |
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Exchange losses | |
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Net financial expense | |
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Profit before tax from continuing operations | |
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Corporate income tax | |
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Profit for the year from continuing operations | |
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Profit after tax from discontinued operations | |
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Profit for the year | |
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Non-controlling interests | |
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Profit for the year attributable to equity holders of the parent | |
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| Item | Description | The company |
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| Revenue from operations | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Telefonica S.A.'s revenue from operations declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level. |
| Operating income | The net result for the period of deducting operating expenses from operating revenues. | Telefonica S.A.'s operating income increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
| Profit before tax from continuing operations | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Telefonica S.A.'s profit before tax from continuing operations increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
| Profit for the year from continuing operations | This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Telefonica S.A.'s profit for the year from continuing operations increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
| Profit for the year | The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. | Telefonica S.A.'s profit for the year increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
| Profit for the year attributable to equity holders of the parent | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Telefonica S.A.'s profit for the year attributable to equity holders of the parent increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
May 24, 2012