Page 58 - Annual Report 2015 EN
P. 58
Financial Statements
Income statement for the year ended 31 December 2015
Operating revenues Note 2015 2014
Other revenues 5.1 326,701,628 284,283,328
Total operating revenues 5.1 44,604,817
371,306,444 31,319,450
315,602,778
Operating expenses 40,621,616 41,415,317
Personnel expenses 50,702,161 49,725,070
Outsourcing expenses
Public relations & marketing expenses 4,160,166 3,337,279
Utility expenses 8,011,871 8,052,901
Insurance premiums 2,132,964 2,416,736
Net provisions and impairment losses (2,556,571) (222,863)
Other operating expenses 7,509,663 6,792,824
Total operating expenses 110,581,869 111,517,264
EBITDA 260,724,575 204,085,514
Depreciation & amortisation charges 5.2 74,401,800 71,678,338
Operating pro t 186,322,775 132,407,176
Financial income 5.3 (663,806) (640,009)
Financial costs
Net nancial expenses 5.3 39,250,997 42,418,403
Subsidies received for borrowing costs
5.3 38,587,191 41,778,394
5.4 (32,108,265) (36,050,996)
Pro t before tax 179,843,849 126,679,777
Income tax expense
Pro t after tax 5.5 (59,184,104) (34,864,546)
120,659,745 91,815,231
Basic earnings per share 5.6 4.02 3.06
The notes on pages 20 to 56 are an integral part of these nancial statements.
Financial Statements as at 31 December 2015 (Amounts in Euros unless otherwise stated)
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Income statement for the year ended 31 December 2015
Operating revenues Note 2015 2014
Other revenues 5.1 326,701,628 284,283,328
Total operating revenues 5.1 44,604,817
371,306,444 31,319,450
315,602,778
Operating expenses 40,621,616 41,415,317
Personnel expenses 50,702,161 49,725,070
Outsourcing expenses
Public relations & marketing expenses 4,160,166 3,337,279
Utility expenses 8,011,871 8,052,901
Insurance premiums 2,132,964 2,416,736
Net provisions and impairment losses (2,556,571) (222,863)
Other operating expenses 7,509,663 6,792,824
Total operating expenses 110,581,869 111,517,264
EBITDA 260,724,575 204,085,514
Depreciation & amortisation charges 5.2 74,401,800 71,678,338
Operating pro t 186,322,775 132,407,176
Financial income 5.3 (663,806) (640,009)
Financial costs
Net nancial expenses 5.3 39,250,997 42,418,403
Subsidies received for borrowing costs
5.3 38,587,191 41,778,394
5.4 (32,108,265) (36,050,996)
Pro t before tax 179,843,849 126,679,777
Income tax expense
Pro t after tax 5.5 (59,184,104) (34,864,546)
120,659,745 91,815,231
Basic earnings per share 5.6 4.02 3.06
The notes on pages 20 to 56 are an integral part of these nancial statements.
Financial Statements as at 31 December 2015 (Amounts in Euros unless otherwise stated)
15 of 56
