SCH2017_DRF_EN_Livre.indb

6

Parent company financial statements Statement of income

2. Statement of income

Notes

Full year 2017

Full year 2016

(in thousands of euros)

Sales of services and other

170

228

Reversals of provisions, depreciation and amortization and expense transfers

226

4

Operating revenues

396

232

Purchases and external expenses

(8,071) (1,532) (2,466)

(9,799) (2,389) (2,482)

Taxes other than on income

Payroll expenses

Depreciation and provision expense

-

-

Other operating expenses and joint-venture losses

(2,000)

(1,511)

Operating expenses

(14,068)

(16,181)

Operating profit/(loss)

(13,672)

(15,949)

Dividend income Interest income

14

99,792 47,239

-

52,276

Reversals of impairment provisions for long-term receivables and other

-

-

Financial income Interest expense Provision expense

147,031 (153,728) (12,898)

52,276

(180,668) (15,528)

Financial expenses

(166,626)

(196,196)

Net financial income/(loss) Current result before taxU

(19,595) (33,267)

(143,920) (159,869)

14

Proceeds from fixed asset disposals Provision reversals and expense transfers

6

95

2.2

15,642

14,039

Other

-

1

Non-recurring income

15,648 (1,798)

14,135 (1,492)

Carrying amount of fixed asset disposals

Provisions, depreciation and amortization

(7,815)

(14,762)

Other

(528)

(338)

Non-recurring expenses

(10,141)

(16,592)

Net non-recurring income/(loss)

5,508

(2,457)

15

Net income tax benefit

149,245

62,596

16

NET INCOME

121,488

(99,730)

The notes form an integral part of these parent company financial statements.

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

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