Hexagon Annual Report 2018

INCOME STATEMENT GROUP 01.01 – 31.12 (NOK 1 000) NOTE 2018 2017 REVENUE Revenue from contracts with customers 4 1 485 417 0 Sales revenue 4 0 1 407 939 Rental income 4 1 103 0 Other operating income 25 0 21 458 Total revenue 1 486 521 1 429 397 OPERATING EXPENSES Cost of materials 13 696 970 646 062 Payroll & social security expenses 9,18,26,27 397 030 345 449 Depreciation, amortization and impairment 10,11 94 318 74 731 Other operating expenses 5,14,19,23 266 550 263 863 Fair value adjustment of earn-out 3 -108 549 0 Total operating expenses 1 346 318 1 330 105 Operating profit 4 140 202 99 291 FINANCE INCOME AND EXPENSES Finance income 6,24 85 748 79 831 Finance expense 6,20 75 188 114 228 Net financial items 10 560 -34 397 Profit/loss from associates and joint ventures 25 17 965 -16 667 Profit before tax 168 727 48 227 Tax expense 7 27 265 -21 245 Profit/loss for the year 141 462 69 472 Earnings per share (NOK) Ordinary 8 0.86 0.42 Diluted 8 0.92 0.47 2 72 2018 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS