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Consolidated Income statement

for the year ended 31 December

In € millions

Note

2024

2023

Gross revenues

7

4,995

5,003

Materials, services of third parties and subcontractors

(1,115)

(1,244)

Net revenues1

3,880

3,759

Personnel costs

9, 10

(2,988)

(2,944)

Other operations costs

9

(371)

(364)

Depreciation and amortization

14,15,16

(111)

(114)

Amortization other intangible assets

14

(29)

(59)

Other income

8

8

6

Total Operational costs

(3,491)

(3,475)

Operating income

389

284

Finance income2

11

8

5

Finance expenses2

11

(72)

(61)

Fair value change of derivatives

11,19

11

(9)

Net finance expense

11

(53)

(65)

Result from investments accounted for using the equity method

17

3

4

Profit before income tax

339

223

Income taxes

12

(97)

(63)

Result for the period

242

160

Result attributable to:

Equity holders of the Company (net income)

243

160

Non-controlling interests

(1)

(0)

Result for the period

242

160

Earnings per share (in €)

Basic earnings per share

13

2.70

1.78

Diluted earnings per share

13

2.70

1.78

1 Non-GAAP performance measure. Reference is made to the Glossary Financial indicators on page 341 for the definition as used by Arcadis and to reconciliation tables on pages 336 to 339
2 See note 11 for more details.