Consolidated income statement
€ million | Note | 2019 | 2018 | ||
Revenue | 21 | 1,930 | 1,920 | ||
Other Income | 22 | 40 | 148 | ||
Total income | 1,970 | 2,068 | |||
Operating expenses | |||||
Purchase costs and costs of subcontracted work | 23 | -452 | -424 | ||
Employee benefit expenses | 24 | -500 | -500 | ||
External personnel expenses | 24 | -116 | -137 | ||
Other operating expenses | 25 | -331 | -343 | ||
Total purchase costs, costs of subcontracted work and operating expenses | -1,399 | -1,404 | |||
Depreciation and impairments of non-current assets | 26 | -449 | -409 | ||
Less: Own work capitalised | 257 | 241 | |||
Total operating expenses | -1,591 | -1,572 | |||
Operating profit | 379 | 496 | |||
Finance income | 27 | 17 | 20 | ||
Finance expense | 28 | -69 | -66 | ||
Result from associates and joint ventures | 5 | 1 | 3 | ||
Profit before tax | 328 | 453 | |||
Tax | 29 | -76 | -119 | ||
Profit after tax from continuing operations | 252 | 334 | |||
Profit attributable to non-controlling interests | 1 | - | |||
Profit after tax | 253 | 334 | |||
The profit after tax for 2019 is almost entirely attributable to the shareholders of Alliander N.V.