134 / 334
E
Financial
E.3
Financial review
Trusted partner for your Digital Journey
134
Financial review
E.3
Income statement
E.3.1
2016, which represented 4.8% of Group revenue and an
increase of 39.6% compared to 2015. The normalized net
2016 Group revenue.
income before unusual, abnormal and infrequent items (net of
tax) for the period was € 766.7 million, representing 6.5% of
The Group reported a net income from continuing operations
(attributable to owners of the parent) of € 567.1 million for
operations (attributable to owners of the parent) of
€ 578.8 million for 2016.
The Group reported a net income including discontinued
(in € million)
2016
ended
December
31,
12months
%Margin
ended
December
31,
12months
2015
1
%Margin
Operating margin
1,103.9
9.4% 917.0
8.6%
Other operating income/(expenses)
-290.8
-327.7
Operating income
813.1
6.9% 589.3
5.5%
Net financial income/(expenses)
-49.2
-45.2
Tax charge
-145.2
-109.7
Non-controlling interests and associates
-51.6
-28.2
Attributable to owners of the parent
Net income from continuing operations–
567.1
4.8% 406.2
3.8%
Net income from discontinued operations
11.7
0.0
-
Attributable to owners of the parent
Net income including discontinued operations –
578.8
4.9%
406.2
3.8%
Normalized net income –
Attributable to owners of the parent
2
766.7
6.5% 625.8
5.9%
December 31, 2015 adjusted to reflect change in presentation disclosed in Note “Basis of preparation and significant accounting policies”.
1
The normalized net income is based on continuing operations and is defined hereafter.
2
Operatingmargin
staff expenses and other operating expenses.
Income and expenses are presented in the Consolidated Income
Statement by nature to reflect the specificities of the Group’s
business more accurately. Below the line item presenting
revenues, ordinary operating expenses are broken down into
indicators.
These two items together are deducted from revenues to obtain
operating margin, one of the main Group business performance
performance of the on-going business and is analyzed in detail in
the Operational Review.
Operating margin represents the underlying operational