In 2005 profit before interest and tax was around EURO398m on sales of EURO2.4 billion, with a gross trading margin of more than 50%, about the highest in the business.
In terms of business financial affairs, tax is an external cost that is imposed on enterprises. Tax saving means gaining net-profit directly for enterprises.
从企业财务角度来看,税收是企业必须支付的一项外在成本,节约税收支出等于直接增加企业净收益。
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But in terms of business financial affairs, tax is an internal cost which are imposed to pay. Tax saving means gaining net-profit directly for enterprises.