Annual report 2016

Consolidated Financial Statements

 

Consolidated Income Statement and Consolidated Statement of Comprehensive Income

 

Consolidated income statement

 

EUR million

Note

2016

2015 restated

2014 restated

Net sales

1

1,607.6

1,649.1

1,867.1

Other operating income

3

26.0

57.5

12.6

Materials and services

4

448.6

437.5

527.4

Employee benefits

5

730.8

756.5

847.8

Other operating expenses

3

338.2

365.4

400.5

Depreciation and amortization

7

79.2

80.5

86.0

Impairment losses

7

6.1

11.9

4.4

Operating result (EBIT)

 

30.7

54.8

13.5

         

Finance income

8

12.7

13.9

26.6

Finance expenses

8

13.9

26.4

36.9

Result before income tax

 

29.5

42.3

3.2

         

Income tax

9

-6.3

-7.2

-1.4

Result for the period

 

23.2

35.1

1.8

         

Earnings per share, basic, EUR

 

0.58

0.88

0.04

Earnings per share, diluted, EUR

 

0.58

0.88

0.04

         
         

Consolidated statement of comprehensive income

 

Result for the period

 

23.2

35.1

1.8

         

Other comprehensive income

       
         

Items that may be reclassified to profit or loss:

       

Changes in the fair value of available-for-sale financial assets

 

0.0

-0.1

0.3

Change in fair value of cash flow hedges

 

0.0

-

-

Translation differences

 

20.0

-9.0

-73.3

Income tax relating to these items

 

0.0

0.0

-0.1

Items that will not be reclassified to profit or loss:

       

Remeasurements of post-employment benefit obligations

 

0.0

4.6

-5.4

Income tax relating to these items

 

0.0

-0.9

1.1

Comprehensive income for the period

 

43.2

29.7

-75.7