Hexagon Annual Report 2019

INCOME STATEMENT GROUP 01.01 – 31.12 (NOK 1 000) NOTE 2019 2018 REVENUE Revenue from contracts with customers 4 3 404 209 1 485 417 Rental income 4 11 915 1 103 Total revenue 3 416 124 1 486 521 OPERATING EXPENSES Cost of materials 13 1 673 120 696 970 Payroll & social security expenses 9,18,26,27 853 706 397 030 Depreciation, amortization and impairment 10,11 239 606 94 318 Other operating expenses 5,14,19,23 599 209 266 550 Gain on transaction/fair value adjustment of earn-out 3 -69 625 -108 549 Total operating expenses 3 296 016 1 346 318 Operating profit 4 120 109 140 202 FINANCE INCOME AND EXPENSES Finance income 6,24 122 517 85 748 Finance expense 6,20 130 630 75 188 Net financial items -8 114 10 560 Profit/loss from associates and joint ventures 25 -749 17 965 Profit before tax 111 246 168 727 Tax expense 7 3 755 27 265 Profit/loss for the year 107 491 141 462 Earnings per share (NOK) Ordinary 8 0.62 0.86 Diluted 8 0.71 0.92 2 88 2019 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS