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Consolidated statement of income
MEUR 2017 2016 Note
Net sales 4 923 4 801 1 4
Change in inventories of finished goods & work in progress 28 -134
Work performed by the Group and capitalised 12 2
Other operating income 60 55 5
Material and services -2 558 -2 353 6
Employee benefit expenses -1 214 -1 159 7
Depreciation, amortisation and impairment -134 -138 8
Other operating expenses -577 -556 9
Share of result of associates and joint ventures 13 14 15
Operating result 552 532
as a percentage of net sales 11.2 11.1
Financial income 12 19 10
Financial expenses -59 -72 10
Profit before taxes 506 479
Income taxes -122 -123 11
Profit for the financial period 383 357
Attributable to:
equity holders of the parent company 384 352 12
non-controlling interests -1 4
383 357
Earnings per share attributable to equity holders of the parent company (basic and diluted):
Earnings per share (EPS), basic and diluted, EUR 1.95 1.79
The notes are an integral part of these consolidated financial statements.

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