INCOME STATEMENT

INCOME STATEMENT (in euro)

  2014 2013 
   of which related partiesof which related parties
25 Revenues from sales and services 19,321,622 18,706,933 11,043,874 10,343,807
26 Other income 123,892,638 104,439,243 122,809,365 104,955,975
27 Raw materials and consumables (233,230)   (258,928)
28 Personnel expenses (28,236,505) (3,638,250) (18,081,780) (2,088,037)
  - of which non-recurring events (3,770,000)   -  
29 Amortisation, depreciation and impairment (5,870,715)   (5,223,585)  
30 Other costs (80,274,818) (16,027,490) (85,976,534) (22,847,586)
  Operating income (loss) 28,598,992   24,312,412  
31 Net income (loss) from equity investments 192,741,651   199,283,817  
  - gains on equity investments 18,941,099 13,307,092 293,031 278,392
  - losses on equity investments  (139,120,559)   (126,730,957)  
  - dividends 312,921,111 309,281,288 325,721,743 324,477,254
32 Financial income 19,619,201 18,568,988 23,816,605 19,818,935
33 Financial expenses (29,615,039) (297,863) (27,175,404)
  Net income (loss) before taxes 211,344,805   220,237,430  
34 Taxes 46,619,154 35,688,825 (28,346,285) (7,727,805)
  Net income (loss) 257,963,959   191,891,145  

For a description of the items reflecting related party transactions, please refer to note 35 of the Explanatory Notes.