
JOTUN A/S
55
Parent company financial statements
Jotun A/S
Income statement
(NOK THOUSAND) Note 2018 2017
Operating revenue 1,22 3 382 926 3 186 166
Cost of goods sold 22 –1 595 853 –1 481 962
Payroll expenses 2 –913 040 –883 458
Other operating expenses 4,21,22 –862 457 –778 910
Depreciation, amortisation and impairment 6,7 –150 548 –136 627
Operating profit –138 972 –94 790
Dividend from subsidiaries 839 467 1 036 678
Dividend from joint ventures and associated companies 376 405 562 331
Net finance costs 4,10,20,22 –182 814 –227 321
Profit before tax 894 086 1 276 898
Income tax expense 5 –167 204 –197 877
Profit for the year 726 882 1 079 021
Statement of other comprehensive income
(NOK THOUSAND) Note 2018 2017
Profit for the year 726 882 1 079 021
Items that will not be reclassified to profit or loss:
Actuarial gain / loss (-) on defined benefit pension plans 3 –2 246 –123
Other comprehensive income for the year, net of tax –2 246 –123
Total comprehensive income for the year 724 635 1 078 898