LISI GROUP - 2018 Financial report

82 / 171

2 IFinancial statements
2.1 IIncome statement at 12/31/2018
(in thousands of euros) Notes 2018 2017 2016
Pre-tax sales 9,697 9,717 9,364
Operating income 11,176 11,312 10,639
External costs (5,026) (4,480) (3,941)
Taxes and duties (474) (541) (566)
Personnel expenses (4,944) (4,201) (4,312)
Other charges (204) (174) (261)
Depreciation, provisions (581) (777) (1,029)
Operating profit (53) 1,139 529
Financial earnings
- from equity interests 3.3.1 37,634 32,658 26,336
- interest and similar expenses 136 50 19
- positive exchange differences 25,915 13,148 25,475
- from disposal of marketable securities 3,055 2,573 745
- reversals of provisions 3.2.5 6,410 443 0
Interest expenses
- other interest and similar expenses (6,598) (6,805) (6,854)
- negative exchange rate differences (20,243) (29,340) (11,712)
- from disposal of marketable securities (787) (312) (175)
- provisions allowance 3.2.5 (4,222) (6,415) (443)
Financial result (income) 41,300 6,000 33,390
Current profit before tax 41,247 7,138 33,919
Extraordinary earnings
- on capital transactions 489 100
- on management transactions 583 867 663
- reversal of provisions 29 17 12
Extraordinary charges
- on capital transactions (118) (88) (39)
- on management transactions (700) (1,044) (806)
- provisions allowance (43) (5)
Non operating profit (loss) (206) 198 (75)
Income tax 3.3.2 1,256 12,775 (822)
NET EARNINGS 42,296 20,111 33,022