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Consolidated Income Statement - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Continuing operations      
Net sales $ 5,288,504 $ 4,293,592 $ 6,903,123
Cost of sales (3,685,057) (3,165,684) (4,747,760)
Gross profit 1,603,447 1,127,908 2,155,363
Selling, general and administrative expenses (1,270,016) (1,196,929) (1,593,597)
Other operating income 10,516 21,127 14,603
Other operating expenses (9,359) (11,163) (410,574)
Operating income 334,588 (59,057) 165,795
Finance Income 47,605 66,204 34,574
Finance Cost (27,072) (22,329) (23,058)
Other financial results (43,550) (21,921) 3,076
Income (loss) before equity in earnings of non-consolidated companies and income tax 311,571 (37,103) 180,387
Equity in earnings of non-consolidated companies 116,140 71,533 (39,558)
Income before income tax 427,711 34,430 140,829
Income tax 17,136 (17,102) (234,384)
Income (loss) for continuing operations 444,847 17,328 (93,555)
Discontinued operations:      
Result for discontinued operations 91,542 41,411 19,130
Income (loss) for the year 536,389 58,739 (74,425)
Attributable to:      
Owners of the parent 544,737 55,298 (80,162)
Non-controlling interests (8,348) 3,441 5,737
Income (loss) for the year $ 536,389 $ 58,739 $ (74,425)
Earnings per share attributable to the owners of the parent during the year:      
Weighted average number of ordinary shares (thousands) (in shares) 1,180,537 1,180,537 1,180,537
Basic and diluted earnings (losses) per share (in dollars per share) $ 0.38 $ 0.01 $ (0.08)
Basic and diluted earnings (losses) per ADS (U.S. dollars per ADS) (*) (in dollars per share) [1] 0.77 0.02 (0.17)
Continuing and discontinued operations      
Basic and diluted earnings (losses) per share (in dollars per share) 0.46 0.05 (0.07)
Basic and diluted earnings (losses) per ADS (U.S. dollars per ADS) (*) (in dollars per share) [1] $ 0.92 $ 0.09 $ (0.14)
[1] Each ADS equals two shares.