8.9
Company income statement
(in thousands of euro)
| Notes | 2018 | 2017 | |
| Net turnover | 41 | 1,449 | 4,034 |
| Personnel expenses | 42 | -3,816 | -9,560 |
| Other expenses | 43 | -7,159 | -15,613 |
| Total operating expenses | -10,975 | -25,173 | |
| Operating profit | -9,526 | -21,139 | |
| Financial income | 44 | 9,881 | 10,327 |
| Financial expenses | 44 | -2,845 | -5,496 |
| Net finance cost | 7,036 | 4,831 | |
| Profit before taxes | -2,490 | -16,308 | |
| Income tax expense | 310 | 4,771 | |
| Income from subsidiaries, net of tax | 33 | 22,451 | 22,038 |
| Net profit | 20,271 | 10,501 | |
The reference numbers following the various items refer to the notes to the company financial statements.The explanatory notes form an integral part of the financial statements.