Page 18 - Financial Statements 2014, 2015 & 2016

Financial Statements AGS Aviation Ground Services N.V.
2. Statement of comprehensive income Financial statements 2014

Statement of comprehensive income –
by nature of expense

Statement of 2014 2013
comprehensive income in AWG in AWG

Income
Revenues 6,707,941 5,557,115
Operational expenses (1,432,474) (1,382,495)
5,275,467 4,174,620

Expenses
Personnel expenses 3,779,065 3,534,137
Selling expenses 10,893 47,772
Office expenses 169,037 202,050
General expenses 218,037 769,870
Depreciation / amortization 12,440 9,860
4,189,472 4,563,689

Earnings before interest 1,085,995 (389,069)

Financial expenses / (income) 123,635 145,392

Earnings before taxes 962,360 (534,461)

Profit taxes - -

Net result 962,360 (534,461)

The notes form an integral part of these financial statements

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