Company income statement

x 1 million

Note

2020

2019

Total net revenue and other income

38

3

4

Cost of sales, contracted work and operational expenses

-2

-1

Depreciation, amortisation and impairment of non-current assets

-6

-3

Total operating expenses

-8

-4

Operating profit

-5

-

Financial income and expenses

43

-31

-36

Profit before income tax

-36

-36

Profit of participating interests*

40

63

346

27

310

Income tax

15

15

Profit after income tax

42

325

Profit distribution:

Profit after income tax attributable to holders of Stedin Holding N.V. perpetual subordinated bonds (after income tax)

12

12

Profit after income tax attributable to shareholders of Stedin Holding N.V.

30

313

Profit after income tax

42

325

  1. * Profit of participating interests concerns 65 million for participating interests at balance sheet date 31 December 2020 and -2 million for the sold associate Joulz Diensten.