Audited by PwC

Income statement - the Novozymes Group

Note 2008 2007
            DKK million  DKK million  
1, 2 Revenue 8,146  7,438 
3, 5 Cost of goods sold 3,787  3,489 
  Gross profit   4,359  3,949   
   
3, 5 Sales and distribution costs 1,061  921 
3, 5 Research and development costs 1,096  995 
3, 4, 5 Administrative costs 745  675 
6 Other operating income, net 47  123 
Operating profit   1,504  1,481   
7 Financial income 263  130 
8 Financial costs 348  226 
Profit before tax   1,419  1,385   
9 Corporation tax 357  343 
  Net profit   1,062  1,042   
Attributable to:
Shareholders in the parent company 1,062  1,048 
Minority interests     - (6)  
1,062  1,042 
Proposed dividend per share DKK 5.25 DKK 5.00
18 Earnings per share DKK 17.17 DKK 16.93
18 Earnings per share, diluted DKK 16.86 DKK 16.47