Page 35 - Financial Statements 2014, 2015 & 2016
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AVSERMA Aviations Services  &
  Financial Statements                                                               Management Co. 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                            300,000                             -
                      Operational expenses                     (900)                     (3,216)
                                                                        299,100                        (3,216)

                     Expenses
                      General expenses                   252,949                              -
                      Depreciation / amortization               1,222                     2,817
                                                                        254,171                         2,817


                     Earnings before interest                      44,929                      (6,033)


                      Financial expenses / (income)                     (19,133)                      (8,626)


                     Earnings before taxes                         64,062                       2,593

                      Profit taxes                                        17,920                        2,772


                     Net result                                      46,142                       (179)




































                      The notes form an integral part of these financial statements


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