Consolidated income statement
€ million | Note | 2018 | 20171 | ||
Revenue | 1,920 | 1,797 | |||
Other income | 148 | 43 | |||
Total income | 2,068 | 1,840 | |||
Operating expenses | |||||
Purchase costs and costs of subcontracted work | -424 | -402 | |||
Employee benefit expenses | -500 | -485 | |||
External personnel expenses | -137 | -151 | |||
Other operating expenses | -343 | -329 | |||
Total purchase costs, costs of subcontracted work and operating expenses | -1,404 | -1,367 | |||
Depreciation and impairment of property, plant and equipment | -409 | -396 | |||
Less: Own work capitalised | 241 | 228 | |||
Total operating expenses | -1,572 | -1,535 | |||
Operating profit | 496 | 305 | |||
Finance income | 20 | 67 | |||
Finance expense | -66 | -110 | |||
Result from associates and joint ventures after tax | 3 | 9 | |||
Profit before tax | 453 | 271 | |||
Tax | -119 | -68 | |||
Profit after tax from continuing operations | 334 | 203 | |||
Profit after tax | 334 | 203 |
- 1 The implementation of IFRS 15 with effect from 1 January 2018 means that the connection contribution amortisation amounts have been reclassified as revenue rather than other income. The comparative figures for 2017 have been restated.
The profit after tax for 2018 is almost entirely attributable to the shareholders of Alliander N.V.