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5.9 Company income statement

(in thousands of euro)

  notes 2016 2015
 
Net turnover 33 3,576 3,200
       
Other expenses 34 -7,045 -10,079
Total operating expenses   -7,045 -10,079
       
Operating profit   -3,469 -6,879
       
Financial income   2,179 2,023
Financial expenses   -1,365 -3,384
Net finance cost 35 814 -1,361
       
Profit before taxes   -2,655 -8,240
       
Income tax expense   222 1,196
Income from subsidiaries, net of tax 28 34,725 39,330
       
Net profit   32,292 32,286


The reference numbers following the various items refer to the notes to the company financial statements.