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+§ Audited by PwC

Income statement - the Novozymes Group

Note 2006 2005
            DKK million  DKK million  
1, 2 Sales 6,802  6,281 
3, 5 Cost of goods sold 3,147  2,936 
  Gross profit   3,655  3,345   
   
3, 5 Sales and distribution costs 844  748 
3, 5 Research and development costs 880  793 
3, 4, 5 Administrative costs 650  632 
6 Licence fees and Other operating income, net 59  34 
Operating profit   1,340  1,206   
7 Financial income 134  76 
8 Financial costs 256  132 
Profit before tax   1,218  1,150   
9 Corporation tax 307  289 
  Net profit   911  861   
Attributable to:
Shareholders in the parent company 909  858 
Minority interests    
911  861 
Proposed dividend per share DKK 4.50 DKK 4.00
18 Earnings per share DKK 14.46 DKK 13.11
18 Earnings per share, diluted DKK 14.09  DKK 12.79