Eurazeo / 2018 Registration document

COMPANY FINANCIAL STATEMENTS Income Statement

Income Statement 5.2

01/01/2018 12/31/2018

01/01/2017 12/31/2017

Note

(In thousands of euros) Operating activities Ordinary income

8

29,633

479,257 461,804

Income from investments

16,977 3,890 8,767

Income from marketable securities

3,669 13,784

Other income

Ordinary expenses

9

(84,806)

(65,438) (37,822)

Employee benefits expense

(42,149)

Taxes and levies

(5,197)

(3,642)

Other purchases and expenses

(35,036)

(20,848)

Financial expenses

(2,424)

(3,126)

Gross operating income from ordinary operations Non-recurring income from operating activities

(55,172)

413,818

135

352

(195)

Foreign exchange gains (losses)

(168)

Net proceeds from sales of marketable securities

(13)

(14)

Depreciation and amortization

(1,093) (11,252) 26,282

(1,041)

Charges to provisions

7 7

(22,635)

Reversals of provisions and expense reclassifications

9,423

Income tax expense

16

(22)

-

Net income (loss) from operating activities Investment transactions Capital gains (losses) on sales of investments

(41,304)

399,708

10 10 10

206,527

233,908

Capital gains (losses) on sales of portfolio securities (TIAP) Capital gains (losses) on sales of other financial assets

-

(47)

(30,719) (8,396) (12,741)

(96,198)

Cost of financial asset disposals

(541)

Investment expenses

(18,964) (107,227) (32,055) 101,956 (31,930) 48,902

Other financial income and expenses

11

16,621

Charges to provisions Reversals of provisions Income tax expense

12 12 16

(49,366) 149,637

-

Net income (loss) from investment transactions

271,563

Non-recurring transactions Capital gains (losses) on disposals of property, plant and equipment and intangible assets

(1)

325

Non-recurring income and expenses

15 12 12 16

16,809 10,497 (21,867) 13,601 19,364 249,623

(14,702)

Reversals of provisions and expense reclassifications

9,141

Charges to provisions Income tax expense

(15,986)

10,285

Net income (loss) from non-recurring transactions

(11,262) 437,349

NET INCOME FOR THE YEAR

300

Eurazeo

2018 Registration Document