NEOPOST - 2018 Registration document
6
Financial statements
Consolidated financial statements
Consolidated income statement
(In million euros)
Notes
31 January 2019
31 January 2018
Sales
(6-1)
1,091.9
1,111.7
Current operating expenses Cost of sales
(271.9)
(279.3)
Research and development expenses
(56.9)
(56.9)
Sales and marketing expenses
(274.1)
(279.6)
Administrative expenses
(194.4)
(194.9)
Service and other operating expenses
(94.5)
(99.9)
Employee profit-sharing, share-based payments
(0.8)
1.2
Expenses related to acquisitions
(6-6)
(17.2)
(11.3)
Total current operating expenses
(6-4)
(909.8)
(920.7)
Current operating income
(6-3)
182.1
191.0
Structure optimization expenses – net of reversals
(6-7)
(13.1)
(13.2)
Proceeds from asset sales
(6-8)
6.2
(0.1)
Other operational expenses and income
(6-9)
(17.7)
(11.3)
Operating income
157.5
166.4
Interest expenses
(32.0)
(34.5)
Interest income
0.8
2.2
Net cost of debt
(31.2)
(32.3)
Losses on foreign exchange
(4.5)
(15.0)
Gains on foreign exchange
4.7
12.6
Net gains (losses) on foreign exchange
0.2
(2.4)
Other financial gains
0.5
0.1
Other financial losses
-
-
Income before tax
127.0
131.8
Share of results of associated companies
1.4
1.7
Income taxes
(12-3)
(36.8)
(0.8)
NET INCOME
91.6
132.7
Attributable to:
• •
holders of the parent company
91.5
133.8
non-controlling interests
0.1
(1.1)
NET EARNINGS PER SHARE (IN EUROS)
2.40
3.62
(13-3)
DILUTED NET EARNINGS PER SHARE (IN EUROS)
2.27
3.35
(13-3)
The following notes form an integral part of the consolidated financial statements.
112
REGISTRATION DOCUMENT 2018 / NEOPOST
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