Annual report 2019

76

CONSOLIDATED STATEMENT OF PROFIT OR LOSS (Consolidated Income Statement)

2018*)

2019

Note

(in thousands of EUR)

OPERATING INCOME Revenue

2,569,549

2,644,600

[6]

Reversal of impairments evidenced by a sale transaction

-

40,146 55,239

[10]

Other income

7,095

[5/7]

2,576,644

2,739,985

OPERATING EXPENSES Raw materials, consumables, services and subcontracted work

- 1,832,199

- 1,927,999

[8] [9]

Personnel expenses

- 433,966 - 234,603 - 481,682

- 461,270 - 265,115

Depreciation and amortization

[15/16/27.1]

Impairment charges

-

[10]

Other expenses

- 2,535

- 470

[7]

- 2,984,985

- 2,654,854

Share in result of joint ventures and associates

7,830

25,590

[17]

- 400,511

110,721

RESULTS FROM OPERATING ACTIVITIES (EBIT)

FINANCE INCOME AND EXPENSES Finance income Interest and other finance expenses

372

995

[11]

- 13,653 - 13,281

- 16,676 - 15,681

[11/27.2]

- 413,792

95,040

PROFIT/LOSS (-) BEFORE TAXATION

Income tax expenses

- 19,944

- 20,141

[12]

ANNUAL REPORT 2019 – BOSKALIS FINANCIAL STATEMENTS 2019 9 -- BOSKALIS FINANCIAL STATEMENTS 2019 NET GROUP PROFIT/LOSS (-) Non-controlling interests Weighted average number of shares Earnings per share (basic and diluted)

- 433,736

74,899

NET GROUP PROFIT/LOSS (-) ATTRIBUTABLE TO: Shareholders

- 435,850

74,887

2,114

12

- 433,736

74,899

132,492,433

133,248,096

[23.5] [23.5]

EUR -3.29

EUR 0.56

*) Excluding the application of IFRS 16 and IFRIC 23. Reference is made to note 2 under ´Compliance with International Financial Reporting Standards’.

The notes on pages 83 to 135 are an integral part of these Consolidated Financial Statements.