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Consolidated income statement

NOK million, except share informationNotes20082007
    
Revenue487,92656,631
Other income2677930
Commodity based derivatives gain/(loss)1,26,27173(75)
Revenue and other income488,77557,486
    
Raw materials, energy costs and freight expenses29(70,636)(44,905)
Change in inventories of own production3,682(223)
Payroll and related costs5,6,21(4,83)(4,015)
Depreciation and amortization4,9,11(2,095)(1,487)
Other operating expenses5,26,30,31,32(2,615)(1,868)
Operating costs and expenses4(76,494)(52,499)
Operating income 412,2814,987
    
Share of net income in equity accounted investees4,122,761,624
Interest income and other financial income7,21,26,27676325
Earnings before interest expense and tax (EBIT)415,7176,936
Foreign exchange gain/(loss)7,26,27(3,313)982
Interest expense and other financial items7,21,26,27(1,500)(581)
Income before tax and minority interest(10,905)(7,337)
Income tax expense8(2,664)(1,262)
Net income8,2416,075
Attributable to
Equity holders of the parent8,2286,037
Minority interest1338
Net income198,2416,075
 
Net income after minority interest8,2286,037
Earnings per share 1)2028.2720.60
Weighted average number of shares outstanding 2)19,2291,075,663293,028,848
1) Yara currently has no share-based compensation that results in a dilutive effect on earnings per share.
2) Weighted average number of shares outstanding was reduced in second quarter 2007, and third and fourth quarter 2008, due to share buy-back program.

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Income Statement
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