Consolidated income statement
€ million | Note | 2020 | 2019 | ||
Income | |||||
Revenue | 21 | 2,009 | 1,930 | ||
Other Income | 22 | 46 | 40 | ||
Total income | 2,055 | 1,970 | |||
Operating expenses | |||||
Purchase costs and costs of subcontracted work | 23 | -561 | -452 | ||
Employee benefit expenses | 24 | -523 | -500 | ||
External personnel expenses | 24 | -123 | -116 | ||
Other operating expenses | 25 | -343 | -331 | ||
Total purchase costs, costs of subcontracted work and operating expenses | -1,550 | -1,399 | |||
Depreciation and impairments of non-current assets | 26 | -461 | -449 | ||
Less: Own work capitalised | 275 | 257 | |||
Total operating expenses | -1,736 | -1,591 | |||
Operating profit | 319 | 379 | |||
Finance income | 27 | 28 | 17 | ||
Finance expense | 28 | -69 | -69 | ||
Result from associates and joint ventures | 5 | 1 | 1 | ||
Profit before tax | 279 | 328 | |||
Tax | 29 | -55 | -76 | ||
Profit after tax from continuing operations | 224 | 252 | |||
Profit attributable to non-controlling interests | - | 1 | |||
Profit after tax | 224 | 253 | |||
The profit after tax for 2020 is almost entirely attributable to the shareholders of Alliander N.V.