QUADIENT // 2021 Universal Registration Document

FINANCIAL STATEMENTS Quadient S.A. statements of financial position

6.4.2

INCOME STATEMENT

Notes

31 January 2022 31 January 2021

(In million of euros)

Revenue from services

30.7

33.7

Reversal of depreciation and allowances, expense transfers

1.6

0.2

Other revenue

0.0

0.0

Revenue from operations

32.3

33.9

Other purchase costs and operating expenses

(36.7)

(41.0)

Other expenses

(0.5)

(0.5)

Depreciation, amortization and allowances

(1.6)

(3.8)

Operating expenses

(38.8)

(45.3)

Operating income

(11-1)

(6.5)

(11.4)

Investment income (dividends)

104.8

64.6

Investment income (interest)

20.2

20.1

Other interest and financial income

59.3

29.9

Reversals of depreciation, amortization and allowances

18.6

54.9

Financial income

202.9

169.5

Interest expenses

(93.7)

(113.1)

Commitment commissions

(0.0)

(0.0)

Depreciation, amortization and allowances

(4.8)

(21.8)

Financial expenses

(98.5)

(134.9)

6

Financial result

(11-2)

104.4

34.6

Current operating income

97.9

23.2

Extraordinary capital gains proceeds from assets sales •

-

-

other •

1.1

1.0

Extraordinary income

1.1

1.0

Extraordinary capital losses net book value of assets sales •

-

-

extraordinary amortization charges on intangible fixed assets •

-

-

other •

(0.8)

(1.2)

Extraordinary expenses

(0.8)

(1.2)

Extraordinary income

(11-3)

0.3

(0.2)

(11-4)

Income tax

5.5

6.6

NET INCOME

103.7

29.6

The following notes form an integral part of the financial statements.

229

UNIVERSAL REGISTRATION DOCUMENT 2021