Income statement of Solvay SA (summary)
In € million |
2017 |
2016 |
||
Operating income |
967 |
794 |
||
Sales |
9 |
11 |
||
Other operating income |
959 |
784 |
||
Operating expenses |
(829) |
(913) |
||
Operating profit/loss |
138 |
(119) |
||
Financial gains/losses |
617 |
519 |
||
Profit for the year before taxes |
755 |
400 |
||
Income taxes |
(23) |
4 |
||
Profit for the year |
733 |
404 |
||
Transfer to (-) / from (+) untaxed reserves |
|
|
||
Profit available for distribution |
733 |
404 |
The profit for the year of Solvay SA amounted in 2017 to €733 million, as against €404 million in 2016.
It includes:
- the operating result amounting to €138 million, as against €(119) million in 2016; the increase is due mainly to reinvoicing of additional services,
- financial gains and losses of which:
- dividends received from its various financial investments amounting to €239 million, as against €467 million in 2016,
- the differential between interest paid and received on its financing activities amounting to €(102) million, as against €(148) million in 2016,
- other financial profit of €552 million resulting mainly from the sale of investments in affiliates within the Group (€475 million) as against a profit of €204 million in 2016.
An amount of €6,688 million including the net profit of the year is available for distribution.