10 JOTUN GROUP JOTUN GROUP CONSOLIDATED INCOME STATEMENT (NOK THOUSAND) NOTE 2016 2015 Operating revenue 15 784 604 16 282 314 Share of profit from associated companies and joint ventures 2 689 598 562 013 Cost of goods sold –8 141 537 –8 656 661 Payroll expenses 3, 4 –2 601 717 –2 520 743 Other operating expenses 5, 21 –3 421 406 –3 129 834 Depreciation, amortisation and impairment 7, 8 –546 817 –473 118 Operating profit 1 762 724 2 063 972 Net financial items 5 –168 985 –145 916 Profit before tax 1 593 739 1 918 055 Income tax 6 –461 518 –502 011 Profit for the year 1 132 221 1 416 044 Profit for the year attributable to: Equity holders of the parent company 1 107 985 1 338 284 Non-controlling interests 18 24 236 77 760 Total 1 132 221 1 416 044
Jotun Annual Report 2016
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