Page 51 - Financial Statements 2014, 2015 & 2016
P. 51
AVSERMA Aviation Services &
Consolidated Financial Statements Management Co. N.V.
2. Statement of comprehensive income Consolidated financial statements 2014
Statement of comprehensive income –
by nature of expense
Statement of 2014 2013
comprehensive income in AWG in AWG
Income
Revenues 6,859,716 5,667,174
Operational expenses (1,093,009) (1,168,260)
5,766,707 4,498,914
Expenses
Personnel expenses 3,957,441 3,706,107
Selling expenses 10,893 47,772
Office expenses 171,972 202,050
General expenses 270,986 769,870
Depreciation / amortization 245,975 236,635
4,657,267 4,962,434
Earnings before interest 1,109,440 (463,520)
Financial expenses / (income) 144,853 185,731
Earnings before taxes 964,587 (649,251)
Profit taxes 17,920 2,772
Net result 946,667 (652,023)
The notes form an integral part of these consolidated financial statements
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