8.19
Company income statement
(in thousands of euro)
| Notes | 2019 | 2018 | |
| Net turnover | 6.20.10 | - | 1,449 |
| Personnel expenses | 6.20.11 | -2,390 | -3,816 |
| Other expenses | 6.20.12 | -2,894 | -7,159 |
| Total operating expenses | -5,284 | -10,975 | |
| Operating profit | -5,284 | -9,526 | |
| Financial income | 4,851 | 9,881 | |
| Financial expenses | -1,944 | -2,845 | |
| Net finance cost | 6.20.13 | 2,907 | 7,036 |
| Profit before taxes | -2,377 | -2,490 | |
| Income tax expense | 6.20.2 | 22,611 | 310 |
| Income from subsidiaries, net of tax | -9,542 | 22,451 | |
| Reclassification of foreign currency translation reserve | 6.20.4 | -7,888 | - |
| Net profit | 2,804 | 20,271 | |
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.