Page 162 - ENAV eng_Relazione_Finanziaria_Annuale_2014

160 ENAV – 2014 Financial Statements

Revenues Income statement 2014 2013
Revenues from operations
Balance revenues Note 810,250,562 778,152,578
Other operating income (16,015,835) 20,460,475
Total revenues 22 49,840,073 53,862,490
Costs 22 844,074,800 852,475,543
Costs for raw materials, 23
Ancillary materials, (3,647,263) (5,657,197)
Consumables and merchandise 24
Costs for services 24 (203,467,484) (193,361,152)
Personnel costs 25 (403,213,249) (396,813,892)
Lease and rental costs 24
Other operating costs 24 (4,596,239) (4,913,648)
Capitalization of internal work 26 (3,178,780) (8,544,891)
Total costs
Depreciation and amortization 4 and 5 5,436,932 6,501,721
Write-downs. Impairment 4 and 10 (612,666,083) (602,789,059)
losses and reversal of (157,005,122) (150,379,944)
impairment losses 16
Allocations (5,586,031) (11,557,920)
Operating income 27
Financial income and expense 28 (284,444) 3,802,857
Financial income 68,533,120 91,551,477

Financial expense 3,400,597 4,851,505
(8,369,011) (6,860,081)
Foreign exchange gains/
(losses) 14,729 11,229

Total financial income and (4,953,685) (1,997,347)
expense 63,579,435 89,554,130
(24,752,402) (38,373,896)
Income before income taxes 38,827,033 51,180,234
Income taxes

Net income for the year

Euros