Financial statements

Income statement

INCOME STATEMENT (Euros) NOTES 31/12/2019 31/12/2018
I - OPERATING INCOME
1 - Net sales revenue (Note 18) 88.597.467 87.675.733
4 - Other operating income 233.099 226.495
Total operating income 88.830.566 87.902.227
II - OPERATING EXPENSES
1 - Consumption of goods, other materials and services (Note 19) (-)10.146.040 (-)10.298.110
2 - Staff costs (Note 20) (-)14.567.167 (-)15.446.743
a) Wages, salaries and similar (-)11.786.993 (-)12.755.655
b) Social security and other welfare costs (-)1.869.248 (-)2.019.084
c) Other staff costs (-)910.926 (-)672.004
3 - Amortisation and depreciation and gains/losses on sale or retirement (-)25.808.415 (-)22.706.053
a) Amortisation and depreciation (-)24.749.746 (-)21.271.522
b) Deterioration (-)566.741 0
c) Gains/losses on sale or retirement ofassets (-)491.928 (-)1.434.531
4 - Impairment of current assets (-)185.790 (-)387.567
a) Inventories (-)43.097 (-)54.633
b) Loans and receivables 60.608 84.678
c) Other (-)203.301 (-)417.612
5 - Other operating expenses (-)13.963.673 (-)15.346.691
a) Leases and fees (-)418.993 (-)292.478
b) Repairs and maintenance (-)7.695.815 (-)8.995.401
c) Independent professional services (-)2.166.708 (-)2.429.993
d) Insurance policies (-)298.543 (-)313.697
e) Advertising and PR services (-)956.978 (-)654.483
f) Utilities (-)1.147.745 (-)1.182.235
g) Taxes other than income tax (-)49.952 (-)58.939
h) Other external services (-)1.228.939 (-)1.419.465
Total operating expenses (-)64.671.085 (-)64.185.164
RESULTAT DE L'EXPLOTACIÓ 24.159.481 23.717.064
III - FINANCIAL INCOME AND EXPENSES (Note 21)
1 - Financial income 1.079.797 1.108.901
a) From equity investments 56.690 76.690
b) From other financial assets 1.023.107 1.032.211
2- Financial Expenses 0 0
3 - Change in fair value of financial instruments held for trading 2.442.537 (-)2.706.339
4 - Exchange differences (-)172.316 125.903
5 - Impairment and results from the sale or write-off of financial assets 12.478.396 0
a) Deterioration
b) Results from sale or deregistration 12.478.396 0
Net financial income/(expense) 15.828.414 (-)1.471.535
RESULTAT DE LES OPERACIONS 39.987.895 22.245.529
IV - OTHER NON-RECURRING INCOME AND EXPENSES
1 - Other non-recurring income 202.878 80.113
2 - Other non-recurring expenses (-)4.576.416 (-)2.251.097
Total other non-recurring income and expenses (Note 22) (-)4.373.537 (-)2.170.984
EARNINGS BEFORE TAXES 35.614.357 20.074.545
V - CORPORATE INCOME TAX (Note 16) (-)2.323.516 (-)1.596.351
PROFIT/(LOSS) FOR THE YEAR 33.290.841 18.478.194