Page 40 - KWH Group – Annual Review 2016

CONSOLIDATED INCOME STATEMENTEUR 1,000JAN. 1–DEC. 31, JAN. 1–DEC. 31, 2016 2015TURNOVER 394,716 364,442Other operating income 1,880 1,506Increase (+) / decrease (-) in inventories of nished goods andwork in progress -1,772 -1,820Production for own use 2,300 2,285Materials and services -160,193 -144,254Personnel expenses -98,679 -97,093Depreciation and impairment -23,981 -22,178Other operating expenses -65,897 -62,233Share of loss in associate -314 -540OPERATING PROFIT 48,061 40,115Financial income 2,435 2,221Financial expenses -3,501 -4,285PROFIT BEFORE TAXES 46,994 38,051Income tax expense -10,685 -8,661PROFIT FOR THE FINANCIAL YEAR 36,310 29,390Attributable to:Equity holders of the parent company 36,312 29,392Non-controlling interest -3 -2PROFIT FOR THE FINANCIAL YEAR 36,310 29,390STATEMENT OF COMPREHENSIVE INCOMEPROFIT FOR THE FINANCIAL YEAR 36,310 29,390Items that may be reclassi ed to income statement:Share of other comprehensive income in associates- net total comprehensive income 155 509Pro ts/losses from nancial assets available-for-sale- net losses 0 -224Cash ow hedges- net losses 941 -2,858- transferred to pro t and loss -263 2 947Translation differences- translation differences for the nancial year -256 525OTHER COMPREHENSIVE INCOME FOR THE FINANCIALYEAR, NET OF TAX 576 898TOTAL COMPREHENSIVE INCOME FOR THE FINANCIALYEAR 36,886 30,288Attributable to:Equity holders of the parent company 36,889 30,290Non-controlling interest -3 -2TOTAL COMPREHENSIVE INCOME FOR THE FINANCIALYEAR 36,886 30,28838