Consolidated Statement of Income
For the year ended 31 December
Amounts in € ‘000 2017 2016
Product sales 88,677 13,689
License fees 943 2,184
Revenues 89,620 15,873
Costs of sales (12,445) (4,683)
Gross profit 77,175 11,190
Other income 790 335
Research and development (18,657) (15,388)
General and administrative (5,974) (4,642)
Marketing and sales (31,422) (3,035)
Costs (56,053) (23,065)
Operating result 21,912 (11,540)
Fair value gain (loss) on revaluation derivatives (40,284) 79
Other financial income and expenses (71,027) (6,075)
Financial income and expenses (111,311) (5,996)
Result before income tax (89,399) (17,536)
Income tax credit/(expense) 9,442 -
Net result for the year (79,957) (17,536)
Attributable to:
Owners of the parent (79,957) (17,536)
Total net result (79,957) (17,536)
Basic earnings per share (€) (0.160) (0.042)