Annual report 2014

Haniel Group income statement

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EUR million Note 2014 2013*
Revenue 19 3,944 3,580
Changes in inventories of finished goods and work in progress   -1 -3
Gross revenue   3,943 3,577
Cost of materials   2,617 2,293
Gross profit   1,326 1,284
Other operating income 20 33 40
Total operating income   1,359 1,324
Personnel expenses 21 561 536
Other operating expenses 22 419 449
  379 339
Depreciation and amortisation   162 165
Impairment of goodwill   0 8
Operating profit   217 166
 
Result from investments accounted for at equity   14 96
Other investment result 23 0 24
Finance costs 24 209 195
Other net financial income 25 9 26
Net financial income   -186 -49
 
Profit before taxes   31 117
Income tax expenses 26 59 35
Profit after taxes from continuing operations   -28 82
Profit after taxes from discontinued operations 27 714 185
Profit after taxes   686 267
of which attributable to non-controlling interests   44 116
of which attributable to shareholders of Franz Haniel & Cie. GmbH   642 151