Consolidated Income Statement

	Note	2017	2016
		€ '000	€ '000
Revenue	(18)	205,095	151,792
of which Technology		147,570	103,623
of which Services		57,525	48,169
Cost of Sales	(19)	-136,849	-100,570
Gross profit		68,246	51,222

Distribution costs	(20)	-26,453	-21,123
Administrative expenses	(21)	-18,596	-16,228
Development costs	(22)	-7,528	-5,534
Other operating income	(23)	3,907	2,849
Other operating expenses	(24)	-2,138	-1,455
Earnings before interest and taxes (EBIT)		17,438	9,731

Financial income		145	210
Financial charges		-620	-785
Net finance costs	(25)	-475	-575

Profit before tax		16,963	9,156
Income tax expense	(26)	-4,693	-1,894
Net profit for the period		12,270	7,262

of which:
Profit attributable to technotrans AG shareholders		12,191	7,192
Profi/loss attributable to non-controlling interests		79	70

Earnings per share (€)	(27)
basic / diluted		1.76	1.09

Annual Report 2017