true value for employees
true value for employees
As Randstad believes that the true value of a company is derived from its people, we naturally take great care in the engagement and development of our own workforce.

consolidated income statement

The notes in the section notes to the consolidated financial statements are an integral part of these consolidated financial statements.

in millions of € note   Randstad Annual Report 2008 2008 Randstad Annual Report 2008   Randstad Annual Report 2008 2007
 
 
 
 
 
Revenue 6 14,038.4
 
9,197.0
 
 
 
 
 
 
Cost of services 7 11,066.1
 
7,167.3
 


 
 
 
 
Gross profit 8   
2,972.3
 
2,029.7
 
 
 
 
 
Selling expenses 9 1,602.9
 
1,036.3
 
General and administrative expenses 10 1,404.1
 
453,8
 
 
 
 
 
 
Total operating expenses 11  
3,007.0
 
1,490.1
 
 
 
 
 
Operating (loss)/profit 12  
-34.7
 
539.6
 
 
 
 
 
Financial income  13 53.8
  
13.9
  
Financial expenses  13 -125.5
  
-16.0
  
 
 
 
 
 
Net finance costs 13  
-71.7
 
-2.1
 
 
 
 
 
Share of profit of associates 21  
3.8
 
2.0
 
 
 
 
 
Income before taxes 
  
-102.6
  
539.5
 
 
 
 
 
Taxes on income 14   
121.0
  
-154.6
                 
Net income 15     18.4      384.9
 
 
 
 
 


















Attributable to:
  
  
  
  
Ordinary equity holders of Randstad Holding nv
 
11.0
 
384.9
Preferred equity holders of Randstad Holding nv
 
7.2
 
-
Equity holders
 
18.2
 
384.9
 
 
 
 
 
Minority interests
 
0.2
 
0.0
Net income
 
18.4
 
384.9
      
  
  
  
 
 
 
 
 
 
 
 
 
 

Earnings per share attributable to the ordinary shareholders of Randstad Holding nv (expressed in € per ordinary share):


  
 
 
 
Basic earnings per ordinary share (€) 16  
0.07
 
3.31
Diluted earnings per ordinary share (€) 16  
0.07
 
3.30