Year 2017

Consolidated Financial Statements

 

Consolidated Income Statement and Consolidated Statement of Comprehensive Income

 

Consolidated income statement

 

EUR million

Note

2017

2016

2015, restated

Net sales

1

1,647.0

1,607.6

1,649.1

Other operating income

3

15.4

26.0

57.5

Materials and services

4

-508.0

-448.6

-437.5

Employee benefits

5

-696.6

-730.8

-756.5

Other operating expenses

6

-374.1

-338.2

-365.4

Depreciation and amortization

7

-75.8

-79.2

-80.5

Impairment losses

7

-35.4

-6.1

-11.9

Operating result (EBIT)

 

-27.5

30.7

54.8

         

Finance income

8

3.8

12.7

13.9

Finance expenses

8

-13.1

-13.9

-26.4

Result before income tax

 

-36.9

29.5

42.3

         

Income tax

9

-7.4

-6.3

-7.2

Result for the period

 

-44.3

23.2

35.1

         

Result for the period attributable to

       

Parent company shareholders

 

-44.3

23.2

35.1

Non-controlling interest

 

0.0

-

-

         

Earnings per share, basic, EUR

 

-1.11

0.58

0.88

Earnings per share, diluted, EUR

 

-1.11

0.58

0.88

         
         

Consolidated statement of comprehensive income

 

Result for the period

 

-44.3

23.2

35.1

         

Other comprehensive income

       

Items that may be reclassified to profit or loss:

       

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

 

-0.1

0.0

-0.1

Change in fair value of cash flow hedges

 

-0.9

0.0

-

Translation differences

 

-7.0

20.0

-9.0

Income tax relating to these items

 

0.2

0.0

0.0

Items that will not be reclassified to profit or loss:

       

Remeasurements of post-employment benefit obligations

 

-0.4

0.0

4.6

Income tax relating to these items

 

0.1

0.0

-0.9

Comprehensive income for the period

 

-52.5

43.2

29.7

         

Comprehensive income attributable to

       

Parent company shareholders

 

-52.5

43.2

29.7

Non-controlling interest

 

0.0

-

-