Financial data

TomTom in the last 5 years (in € millions)	2012	2011	2010	2009	2008
Profit and loss*
Revenue	1,057	1,273	1,521	1,480	1,674
Cost of sales	502	634	777	749	893
Gross result	555	640	744	731	781

Research and development expenses	166	173	162	139	123
Amortisation of technology & database	84	85	78	75	48
Marketing expenses	57	78	105	86	143
Selling, general and administrative expenses	170	721	200	199	1,262
Stock compensation expenses	7	8	13	11	6
Total operating expenses	484	1,064	558	510	1,581

Operating result	70	(425)	186	221	(801)

Financial (loss) / gain	(10)	(16)	(52)	(110)	7
Result before tax	61	(441)	134	111	(794)
Income tax	69	2	26	25	78
Net result	129	(439)	108	86	(872)

Balance sheet	2012	2011	2010	2009	2008
Non-current assets	1,247	1,301	1,870	1,920	1,958
Inventory	44	66	94	67	145
Trade receivables	150	185	306	294	290
Other receivables	118	51	42	26	16
Financial instruments	0	3	6	11	37
Cash and cash equivalents	164	194	306	368	321
Total assets	1,742	1,799	2,623	2,686	2,767

Equity	838	708	1,142	1,018	513
Provisions	81	101	109	114	113
Borrowings	247	384	588	790	1,388
Deferred tax liability	171	182	211	222	229
Other liabilities	387	423	573	542	524
Total liabilities	1,724	1,799	2,623	2,686	2,767

Cash flow
Cash generated from operations	187	195	265	430	463
Net increase/(decrease) cash and cash equivalents	(30)	(112)	(64)	45	(142)

General
Number of employees (end of year)	3,490	3,677	3,487	3,138	3,498

* 2008 P&L includes a non-cash impairment charge of €1,048 million and a restrucuting charge of €16 million

* 2009 P&L includes a restructuring charge of €10 million

* 2010 P&L includes a restructuring charge of €3 million

* 2011 P&L includes a non-cash impairment charge of €512 million and a restrucuting charge of €15 million

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