Consolidated Income Statement
Consolidated Income Statement
| in € millions | Notes | 2017 | 2016 (adjusted) | |
|---|---|---|---|---|
| Revenues | 1 | 17,190 | 16,950 | |
| Other operating income | 2 | 568 | 613 | |
| Cost of materials | 14 | (5,487) | (5,487) | |
| Royalty and license fees | (1,547) | (1,462) | ||
| Personnel costs | 3 | (5,541) | (5,375) | |
| Amortization/depreciation, impairment losses and reversals on intangible assets and property, plant and equipment | 4 | (691) | (632) | |
| Other operating expenses | 5 | (2,781) | (2,866) | |
| Results from investments accounted for using the equity method | 12 | 63 | 29 | |
| Impairment losses and reversals on investments accounted for using the equity method | 12 | (50) | (4) | |
| Results from financial assets | 6 | (10) | (8) | |
| Results from disposals of investments | 13 | 182 | 41 | |
| EBIT (earnings before interest and taxes) | 1,896 | 1,799 | ||
| Interest income | 7 | 14 | 13 | |
| Interest expenses | 7 | (134) | (146) | |
| Other financial income | 8 | 26 | 14 | |
| Other financial expenses | 8 | (125) | (125) | |
| Financial result | (219) | (244) | ||
| Earnings before taxes from continuing operations | 1,677 | 1,555 | ||
| Income tax expense | 9 | (472) | (419) | |
| Earnings after taxes from continuing operations | 1,205 | 1,136 | ||
| Earnings after taxes from discontinued operations | (7) | 1 | ||
| Group profit or loss | 1,198 | 1,137 | ||
| attributable to: | ||||
| Bertelsmann shareholders | ||||
| Earnings from continuing operations | 783 | 685 | ||
| Earnings from discontinued operations | (7) | 1 | ||
| Earnings attributable to Bertelsmann shareholders | 776 | 686 | ||
| Non-controlling interests | ||||
| Earnings from continuing operations | 422 | 451 | ||
| Earnings from discontinued operations | – | – | ||
| Earnings attributable to non-controlling interests | 422 | 451 | ||
| The figures from the previous year have been adjusted. Further details are presented in the section “Prior-Year Information”. | ||||
