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  3. Annual Report 2017
  4. Consolidated Income Statement

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€ k

Note

2017

2016

Revenue

3.1.

1,184,755

1,153,601

Change in inventories of finished goods and work in progress

 

-1,462

-9,661

Other internally generated additions to assets

 

776

272

Other operating income

3.2.

41,106

95,612

Cost of materials

3.3.

-198,406

-192,202

Personnel expense

3.4.

   

a) Wages and salaries

 

-565,942

-595,804

b) Social security contributions, post-employment and welfare benefits

 

-133,548

-137,299

Depreciation, amortisation and impairment losses

3.5.

-34,468

-33,813

Other operating expense

3.6.

-216,889

-211,489

       

Operating profit

 

75,922

69,217

Income from investments consolidated at equity

 

729

45

Income from other equity investments

 

125

22

Interest income

 

2,198

1,656

Interest expense

 

-2,194

-1,875

Other financial items

 

-143

-69

Financial items

3.7.

715

-222

       

EBT (earnings before tax)

 

76,637

68,995

Taxes on income

3.8.

   

a) Current tax expense

 

-26,698

-22,545

b) Deferred tax income

 

-2,108

-3,209

       

Consolidated earnings after tax

 

47,831

43,242

The consolidated earnings after tax are attributable to

     

owners of TÜV NORD AG

 

44,017

40,045

non-controlling interests

 

3,814

3,197

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