Notes on the consolidated income statement

Revenue for the period from April 1 to September 30, 2014, in the amount of EUR 5,561.1 million decreased by 1.5% compared to the same period of the preceding year (EUR 5,643.4 million). In the first half of the business year 2014/15, EBIT reached EUR 444.7 million compared to EUR 396.3 million for the first six months of the business year 2013/14. EBIT equaled EUR 226.3 million for the second quarter of 2014/15, compared to EUR 174.7 million for the second quarter of 2013/14.

In the second quarter of the business year 2014/15, the proceeds from deconsolidation of the Flamco Group in the amount of EUR 58.0 million, a write-down to the net fair value of the assets recognized under IFRS 5 as well as provisions amounting to a total of EUR 18.0 million and impairment losses on individual assets outside the European Union amounting to EUR 7.3 million were recognized under profit and loss. Furthermore, plan curtailments and settlements of defined benefit pension plans in the Netherlands resulted in non-recurring proceeds amounting to EUR 14.4 million. All of the aforementioned non-recurring effects pertain to the operating segment Metal Forming Division.

After consideration of the financial result and taxes, profit for the period amounted to EUR 324.0 million compared to EUR 238.4 million for the first half of the preceding year.

Diluted and basic (undiluted) earnings per share are calculated as follows: