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Vale S.A., Common-Size Consolidated Income Statement

| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | ||
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Sales of ores and metals | |
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Aluminum products | |
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Revenues from logistic services | |
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Fertilizer products | |
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Others | |
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Operating revenues, net of discounts, returns and allowances | % |
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Taxes on revenues | |
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Net operating revenues | % |
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Cost of ores and metals sold | |
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Cost of aluminum products | |
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Cost of logistic services | |
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Cost of fertilizer products | |
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Others | |
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Gross profit | % |
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Selling, general and administrative expenses | |
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Research and development expenses | |
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Gain on sale of assets | |
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Impairment of goodwill | |
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Others | |
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Operating income | % |
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Financial income | |
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Financial expenses | |
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Gains (losses) on derivatives, net | |
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Foreign exchange and indexation gains (losses), net | |
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Gain (loss) on sale of investments | |
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Non-operating income (expenses) | % |
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Income before discontinued operations, income taxes and equity results | % |
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Income taxes | |
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Equity in results of affiliates, joint ventures and other investments | |
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Net income from continuing operations | % |
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Discontinued operations, net of tax | |
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Net income | % |
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Net (income) loss attributable to noncontrolling interests | |
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Net income attributable to the Company’s stockholders | % |
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