Repsol, S.A. and investees comprising the Repsol Group Consolidated income statement for the years ending December 31, 2017 and 2016

Consolidated income statement


€ Million

Note
2016 2017
Sales

34,556
41,242
Services rendered and other income

133
426
Changes in inventories of finished goods and work in progress inventories

129
206
Income from reversal of impairment losses and gains on disposal of non-current assets

1,625
864
Other operating income

990
710
OPERATING REVENUE
20 37,433
43,448
Supplies

(23,615)
(30,251)
Personnel expenses

(2,501)
(1,892)
Other operating expenses

(5,930)
(5,195)
Depreciation and amortization of non-current assets

(2,529)
(2,399)
Impairment losses recognized and losses on disposal of non-current assets

(947)
(922)
OPERATING EXPENSES 20 (35,522)
(40,659)
OPERATING INCOME

1,911
2,789
Finance income

176 194
Finance expenses

(741)
(677)
Change in fair value of financial instruments

189 34
Net exchange gains/(losses)

94 151
Impairment and gains (losses) on disposal of financial instruments

48 (14)
FINANCIAL RESULT
22 (234) (312)
SHARE OF RESULTS OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD AFTER TAXES
12 194 904
NET INCOME BEFORE TAX

1,871
3,381
Income tax
23 (391)
(1,220)
NET INCOME FROM CONTINUING OPERATIONS

1,480
2,161
NET INCOME ATTRIBUTED TO NON-CONTROLLING INTERESTS FROM CONTINUING OPERATIONS

(43)
(40)
NET INCOME ATTRIBUTED TO THE PARENT FROM CONTINUING OPERATIONS

1,437
2,121
NET INCOME ATTRIBUTED TO THE PARENT FROM DISCONTINUED OPERATIONS
  299
 -
TOTAL NET INCOME ATTRIBUTED TO THE PARENT

1,736
2,121
       
EARNINGS PER SHARE ATTRIBUTED TO THE PARENT

Euros/share
Euros/share
Basic
24 1.11
1.35
Diluted
24 1.11
1.35

Notes 1 to 32 are an integral part of the consolidated income statement.