166
CONSOLIDATED FINANCIAL STATEMENTS
The results per segment for the period ended 31 December 2013 were as follows:
31 December 2013
Portugal
Spain
Group
Restaurants
127,568,068
41,115,676
168,683,744
Merchandise
1,526,377
1,635,320
3,161,697
Rendered services
256,171
386,550
642,721
Turnover per Segment
129,350,616
43,137,546
172,488,162
Operating income
5,461,609
990,173
6,451,782
Net financing cost
-1,679,589
-603,302
-2,282,891
Share in the profit by associated companies
-
-
-
Pre-tax income
3,782,020
386,871
4,168,891
Income tax
605,207
-133,255
471,952
Net profit in the period
3,176,813
520,126
3,696,939
The results per segment for the period ended 31 December 2012 were as follows:
31 December 2012
Portugal
Spain
Group
Restaurants
125,357,538
42,097,097
167,454,635
Merchandise
1,521,864
1,691,032
3,212,896
Rendered services
200,148
443,209
643,357
Turnover per Segment
127,079,550
44,231,338
171,310,888
Operating income
3,508,860
2,066,642
5,575,502
Net financing cost
-1,496,656
-643,666
-2,140,322
Share in the profit by associated companies
-
-
-
Pre-tax income
2,012,204
1,422,976
3,435,180
Income tax
585,695
105,352
691,047
Net profit in the period
1,426,509
1,317,624
2,744,133
Transfers or transactions between segments are performed according to normal commercial terms and in the
conditions applicable to independent third parties.