Boskalis 2017 Half Year Report

HALF YEAR REPORT 2017 – BOSKALIS 16 OTHER FINANCIAL INFORMATION The new mega cutter Helios that was taken into service in July 2017.

DEPRECIATION, AMORTIZATION AND IMPAIRMENTS

Depreciation, amortization and impairments amounted to EUR 123.4 million (H1 2016: EUR 135.2 million).

INCOME FROM JOINT VENTURES AND ASSOCIATES

Our share in the net result from joint ventures and associated companies was EUR 21.9 million. This result relates mainly to our share in the net results of Smit Lamnalco, the Singapore partnerships with Keppel (Keppel Smit Towage, Maju Maritime and Asian Lift), Saam Smit Towage and Kotug Smit Towage. The 2016 result (H1 2016: EUR 7.6 million negative) included a negative result of EUR 27.9 million for our share in the adjusted loss of Fugro.

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