Consolidated income statement

€ million

Note

2018

20171

Revenue

21

1,920

 

1,797

 

Other income

22

148

 

43

 
      

Total income

  

2,068

 

1,840

      

Operating expenses

     

Purchase costs and costs of subcontracted work

23

-424

 

-402

 

Employee benefit expenses

24

-500

 

-485

 

External personnel expenses

24

-137

 

-151

 

Other operating expenses

25

-343

 

-329

 

Total purchase costs, costs of subcontracted work and operating expenses

 

-1,404

 

-1,367

 
      

Depreciation and impairment of property, plant and equipment

26

-409

 

-396

 

Less: Own work capitalised

 

241

 

228

 

Total operating expenses

  

-1,572

 

-1,535

      

Operating profit

  

496

 

305

      

Finance income

27

 

20

 

67

Finance expense

28

 

-66

 

-110

Result from associates and joint ventures after tax

5

 

3

 

9

Profit before tax

  

453

 

271

      

Tax

29

 

-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.