Consolidated Income Statement

€k

Note

2018

2017

Revenue

3.1.

1,229,470

1,184,755

Change in inventories of finished goods and work in progress

 

0

−1,462

Other internally generated additions to assets

 

69

776

Other operating income

3.2.

39,376

41,106

Cost of materials

3.3.

−216,122

−198,406

Personnel expense

3.4.

   

 a) Wages and salaries

 

−580,389

−565,942

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

 

−132,137

−133,548

Depreciation, amortisation and impairment losses

3.5.

−34,329

−34,468

Other operating expense

3.6.

−226,125

−216,889

Operating profit

 

79,814

75,922

Income from investments consolidated at equity

 

671

729

Income from other equity investments

 

385

125

Interest income

 

956

2,198

Interest expense

 

−981

−2,194

Other financial items

 

−364

−143

Financial items

3.7.

666

715

EBT (earnings before tax)

 

80,480

76,637

Taxes on income

3.8.

−29,286

−28,806

Consolidated earnings after tax

 

51,195

47,831

The consolidated earnings after tax are attributable to

     

 owners of TÜV NORD AG

 

48,019

44,017

 non-controlling interests

 

3,176

3,814