SOMFY_ANNUAL_FINANCIAL_REPORT_2017
07 CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED INCOME STATEMENT
€ thousands
Notes (4.1.1) (4.1.2)
31/12/17 1,246,573
31/12/16*
Sales
1,131,739
Other operating income
18,908
18,219
Cost of sales
–484,571 –364,653 –200,313 215,944 –46,445
–410,100 –333,783 –189,259 216,816 –39,605
Employee expenses External expenses
EBITDA
Amortisation and depreciation charges Charges to/reversal of current provisions
(5.2) & (5.3)
439
978
Gains and losses on disposal of non-current operating assets
–1,535 168,403
–587
CURRENT OPERATING RESULT
177,603
Other operating income and expenses
(4.2)
–218
–218
OPERATING RESULT
168,185
177,385
Financial income from investments – Financial expenses related to borrowings –
1,631
1,980
–3,085 –1,454 –4,403 –5,857 162,328 –3,095 –1,491 157,742 159,912 –2,170
–2,825
Cost of net financial debt
–845
Other financial income and expenses
–1,272 –2,117 175,268 –31,286
NET FINANCIAL EXPENSE
(7.1)
PROFIT BEFORE TAX
Income tax
(11.1) (13.1)
Share of net profit/(loss) from associates
–684
CONSOLIDATED NET PROFIT Attributable to Group share
143,297 140,957
Attributable to Non-controlling interests
2,341
Basic earnings per share (€)** Diluted earnings per share (€)**
(6.2) (6.2)
4.66 4.66
4.11
4.10 The financial statements have been restated following the determination of the fair value of Myfox’s assets and liabilities (see note 2.3). * 2016 figures have been restated to reflect the 5-for-1 share par value split carried out in 2017. **
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SOMFY – ANNUAL FINANCIAL REPORT 2017
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