Consolidated profit and loss account
(in EUR million)          
           
FOR THE FINANCIAL YEAR Notes 2016 2015
           
Net turnover (14) 1,987.5 1,947.7
           
Changes in inventories of finished products -/- 30.2 21.4
Other operating income (15) 17.6 17.6
           
Total operating income 1,974.9 1,986.7
           
EU levies (16) 11.0 11.0
Cost of raw materials and consumables (17) 1,202.6 1,211.1
Cost of outsourced work and other external costs (18) 336.1 350.6
Staff costs (19) 243.0 255.0
Amortisation and depreciation on intangible
and tangible fixed assets

100.2

97.6
Other changes in the value of intangible
and tangible fixed assets

(20)

1.6

-
Other operating expenses 3.5 2.2
           
Total operating expenses 1,898.0 1,927.5
Operating profit 76.9 59.2
           
Interest receivable and similar income 2.5 2.0
Interest payable and similar charges -/- 5.9 -/- 8.1
           
Financial income and expense (21) -/- 3.4 -/- 6.1
           
Result from ordinary activities before taxation 73.5 53.1
           
Taxation (22) -/- 17.8 -/- 7.8
Share in results from participating interests 0.2 0.0
           
Result from ordinary activities after taxation 55.9 45.3
Minority interests -/- 0.3 0.2
           
Net result 55.6 45.5