Econocom - 2019 Universal registration document

286 2019 annual report 10 condensed parent company financial statements parent company income statement Parent company income 2. statement in € thousands 31 ژ Dec. ژ 2019 31 ژ Dec. ژ 2018 Sales and Services 25,673 30,521 Revenue 22,036 24,753 Changes in inventories of finished goods and work in progress: increase (decrease) (+)/(-) In-house production of fixed assets Other operating income 3,637 4,687 Non-recurring operating income 0 1,080 Cost of sales and Services 23,005 25,438 Materials and goods for resale Services and miscellaneous goods 24,014 25,104 Personnel costs (including payroll costs) and pensions (+)/(-) 1,597 2,679 Amortisation/depreciation and impairment of start-up costs, property, plant ژ and equipment and intangible assets 5 6 Additions to (reversals of) impairment of inventories, work-in-progress and ژ trade receivables (+)(-) 0 0 Additions to (reversals of) provisions for contingencies and losses (+)(-) (2,691) (2,385) Other operating expenses 80 33 Capitalised restructuring costs (-) Non-recurring operating expenses Operating income 2,668 5,084 Financial income 38,884 32,250 Recurring financial income 32,245 31,038 Income from long-term financial assets 25,165 25,209 Income from current assets 1,922 1,254 Other financial income 5,158 4,575 Non-recurring financial income 6,639 1,212 Financial expenses 58,755 39,344 Recurring financial expenses 12,745 16,758 Cost of debt 12,157 10,493 Additions to (reversals of) impairment of current assets other than ژ inventories, work-in-progress and trade receivables (+)/(-) 150 2 Other financial expenses 438 6,263 Non-recurring financial expenses 46,010 22,586