Econocom - 2019 Universal registration document

287 2019 annual report 10 condensed parent company financial statements parent company income statement in € thousands 31 ژ Dec. ژ 2019 31 ژ Dec. ژ 2018 Profit for the year before tax (+)/(-) (17,203) (2,011) Withdrawal from deferred taxes Transfer to deferred taxes Income tax (+)/(-) 1,881 257 Income tax expense 639 385 Tax adjustments and reversals of tax-related provisions 1,242 (128) Profit for the year (19,084) (2,267) Deductions from tax-free reserves Transfers to tax-free reserves Profit for the year available for distribution (+)/(-) (19,084) (2,267) in € thousands 31 ژ Dec. 2019 31 ژ Dec. 2018 Profit available for distribution (+)/(-) 82,766 83,340 Profit for the year available for distribution (+)/(-) (19,084) (2,267) Retained earnings (+)/(-) 101,850 85,607 Deductions from equity 9,593 23,868 from equity and issue premiums from reserves 9,593 23,868 Appropriations to equity 23,891 5,358 to equity and issue premiums to the statutory reserve 2 0 to other reserves 23,889 5,358 Appropriation to retained earnings (+)/(-) 68,468 101,850 Share of associates in losses Profit available for distribution Dividends Directors or managers Employees Other beneficiaries