(in € million)	2007	2006	Change
Revenue	19,760.9	17,025.6	+ 16.1 %
Revenue generated outside France (as a % of revenue)	58.8 %	54.4 %	+ 4.4 pts
Gross margin	8,790.0	7,471.5	+ 17.6 %
Recurring operating income	1,695.8	1,275.8	+ 32.9 %
Operating margin (as a % of revenue)	8.6 %	7.5 %	+1.1 pt
Income before taxes	1,474.3	1,010.5	+ 45.9 %
Net income from continuing operations attribuable to equity holders of the parent	1,058.2	703.3	+ 50.5 %
Free cash flow from operations (1)	1,393.7	1,056.2	+ 32.0 %
Debt-to-equity ratio at December 31 (net financial debt as a percentage of shareholders’ equity for the consolidated entity)	57.4 %	37.9 %	+ 19.5 pts

 

Per share data (in €)	2007	2006	Change
Net income per share from continuing operations attribuable to equity holders of the parent	8.25	5.79	+ 42.5 %
Net dividend per share	3.45 (²)	3.00	+ 15.0 %

 

Excluding non-recurring operating items, the change in net income from continuing operations attribuable to equity holders of the parent was as follows:

 

	2007	2006	Change
Net income from continuing operations attribuable to equity holders of the parent	904.2	711.7	+ 27.0 %
Net income per share from continuing operations attribuable to equity holders of the parent (in €)	7.05	5.86	+ 20.3 %

(1) Net cash from operating activities-net acquisitions of intangible assets and property, plant and equipment.
(2) Submitted to the approval of the Shareholders’ Meeting of June 9, 2008.