Consolidated Income Statement(*)

 (€ million)    Note   2010   2009 (**) 
 Net revenues   (1)
 35,880
 32,684
 Cost of sales    (2)
 30,718
 28,252
 Selling, general and administrative costs    (3)
 2,956
 2,673
 Research and development costs    (4)
 1,013
 1,010
 Other income (expenses)    (5)
 (81)
 (13)
 TRADING PROFIT/(LOSS)      1,112
 736
 Gains (losses) on the disposal of investments    (6)
 12
 3
 Restructuring costs    (7)
 118
 168
 Other unusual income (expenses)    (8)
 (14)
 (193)
 OPERATING PROFIT/(LOSS)      992
 378
 Financial income (expenses)    (9)
 (400)
 (352)
 Result from investments:    (10)
 114
 77
Share of the profit/(loss) of investees accounted for using the equity method     
 120
 65
Other income (expenses) from investments      (6)
 12
 PROFIT/(LOSS) BEFORE TAXES      706
 103
 Income taxes   (11)
 484
 448
 PROFIT/(LOSS) FROM CONTINUING OPERATIONS      222
 (345)
 Post tax profit/(loss) from Discontinued Operations    (A)
 378
 (503)
 PROFIT/(LOSS)      600
 (848)
 PROFIT/(LOSS) ATTRIBUTABLE TO:        
 Owners of the parent      520
 (838)
 Non-controlling interests      80
 (10)
 PROFIT/(LOSS) FROM CONTINUING OPERATION ATTRIBUTABLE TO:        
 Owners of the parent      179
 (374)
 Non-controlling interests      43
 29

 BASIC EARNINGS/(LOSS) PER ORDINARY AND PREFERENCE SHARE   (13)  0.410   (0.677) 
 BASIC EARNINGS/(LOSS) PER SAVINGS SHARE   (13)
 0.565   (0.677) 
 DILUTED EARNINGS/(LOSS) PER ORDINARY AND PREFERENCE SHARE   (13)
 0.409   (0.677) 
 DILUTED EARNINGS/(LOSS) PER SAVINGS SHARE    (13)
 0.564   (0.677) 
(*) Pursuant to Consob Resolution No. 15519 of 27 July 2006, the effects of related party transactions on the consolidated income statement are presented in the specific Income Statement schedule provided in the following pages and are further described in Note 34. (**) In accordance with IFRS 5 the figures for 2009 have been reclassified. (A) Post tax profit/(loss) from Discontinued Operations is presented in the section Assets and Liabilities held for sale and Discontinued Operations.

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