(in thousands of euros) | Note | 2020 | 2019 |
Billings (goods and services) | 3 | 24,650 | 27,016 |
Reversal of provisions and expense transfers | 4 | 36,378 | 26,121 |
Other income | 0 | (1,043) | |
Total operating income | 61.028 | 54,180 | |
Other purchases and external charges | (11,609) | (16,121) | |
Taxes other than income taxes | (1,923) | (1,412) | |
Personnel costs | 5 | (39,303) | (29,016) |
Depreciation & amortization and increases in provisions | (2,385) | (2,934) | |
Other expenses | (2,688) | (3,378) | |
Total operating expenses | (57,908) | (52,861) | |
Operating income (expense) | 3,120 | (1,319) | |
Investment income | 178,203 | 269,077 | |
Interest and other financial income | 3,290 | 520 | |
Reversal of financial provisions | 2,375 | 7,575 | |
Total financial income | 183,868 | 277,172 | |
Depreciation & amortization and increases in provisions | (4,042) | (5,496) | |
Interest and other financial expenses | (124,309) | (98,924) | |
Total financial expenses | (128,351) | (104,420) | |
Financial income (expense) | 6 | 55,517 | 172,752 |
Pre-tax profit | 58,637 | 174,071 | |
Exceptional expenses on capital transactions | 0 | 0 | |
Total exceptional expenses | 0 | 0 | |
Exceptional items | 7 | 0 | 0 |
Income taxes | 8 | 5,133 | 13,855 |
Net income for the year | 63,770 | 187,926 |
