Annual Report 2018

Consolidated statement of income
			Restated
MEUR		2018	2017	Note
Net sales		5 174	4 911	1	4
Change in inventories of finished goods & work in progress		64	28
Work performed by the Group and capitalised		14	12
Other operating income		80	60		5
Material and services		-2 852	-2 561		6
Employee benefit expenses		-1 175	-1 214		7
Depreciation, amortisation and impairment		-130	-134		8
Other operating expenses		-648	-577		9
Share of result of associates and joint ventures		13	13		15
Operating result		543	538
as a percentage of net sales		10.5	11.0
Financial income		24	12		10
Financial expenses		-65	-59		10
Profit before taxes		502	491
Income taxes		-116	-117		11
Profit for the financial period		386	375
Attributable to:
equity holders of the parent company		386	375		12
non-controlling interests		1	-1
		386	375
Earnings per share attributable to equity holders of the parent company (basic and diluted):
Earnings per share (EPS), basic and diluted, EUR		0.65	0.63		12
Earnings per share for the comparison period has been restated to reflect the increased number of shares.
The notes are an integral part of these consolidated financial statements.