Consolidated income statement

(x €1,000)

  Notes 2020 2019
Continuing operations      
Revenue  5  6,768,171 7,175,960
       
Raw materials and consumables      
used    (1,538,905)  (1,549,002)
Subcontracted work and other       
external charges    (3,545,822)  (3,780,471)
Employee benefit expenses 26  (1,418,169)  (1,380,502)
Depreciation and amortisation       
charges 7,8,9  (158,999)  (159,225)
Impairment charges 27  (72,841)  (21,178)
Other operating expenses    (242,725)  (264,666)
Exchange rate differences    (4,303)  5,285
     (6,981,764)  (7,149,759)
       
Share of result of investments in       
associates and joint ventures 11  (5,840)  5,759
Share of impairment charges in        
investments in associates and joint    (1,900)  2,655
ventures    (7,740)  8,414
       
Operating result    (221,333)  34,615
       
Finance income 30  8,242  4,921
Finance expense 30  (23,856)  (16,147)
     (15,614)  (11,226)
       
Result before tax    (236,947)  23,389
       
Income tax 31  (35,100)  (36,715)
Result for the year from       
continuing operations    (272,047)  (13,326) 
       
Discontinued operations      
Result for the year from       
discontinued operations  37  149,655  25,293
Net result    (122,392)  11,967
       
Attributable to:      
Shareholders of the Company    (122,184)  11,846
       
Non-controlling interests    (208)  121
     (122,392)  11,967
       
Earnings per share (x €1)      
Basic 32    
Continuing operations    (1.00)  (0.05)
Discontinued operations    0.55  0.09
Total    (0.45)  0.04
       
Diluted 32    
Continuing operations    (1.00)  (0.05)
Discontinued operations    0.55  0.09
Total    (0.45)  0.04

The notes on pages 87 to 171 are an integral part of these consolidated financial statements.

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