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Consolidated Income Statement

  2018 2017 restated 
(Euro thousands) Note Total of which related parties Total of which related parties
Operating revenues * 9.1 683,956 47,864 648,260 40,493
Revenue for works on assets under concession 9.2 29,189   28,281  
Total revenues   713,145 47,864 676,541 40,493
Operating costs          
Personnel costs 9.3 (189,416)   (210,743)  
Consumable materials 9.4 (40,234)   (33,123)  
Other operating costs 9.5 (174,916)   (163,663)  
Costs for works on assets under concession 9.6 (26,728)   (26,006)  
Total operating costs   (431,294) (28,153) (433,535) (13,858)
EBITDA **   281,851 19,711 243,006 26,635
Provisions & write-downs 9.7 (3,704)   (32,218)  
Restoration and replacement provision 9.8 (15,077)   (13,602)  
Amortisation & Depreciation 9.9 (73,601)   (69,296)  
EBIT   189,469 19,711 127,890 26,635
Investment income/(charges) 9.10 14,568 14,568 8,135 8,135
Financial charges 9.11 (17,662)   (18,167)  
Financial income 9.11 1,021   258  
Pre-tax profit   187,396 34,279 118,116 34,770
Income taxes 9.12 (51,318)   (35,667)  
Continuing Operations profit   136,078 34,279 82,449 34,770
Discontinued Operations profit/(loss) 6     1,556  
Minority interest profit/(loss)   2   (65)  
Group Net Profit   136,076 34,279 84,070 34,770
Basic net result per share (in Euro) 9.13 0.54   0.34  
Diluted net result per share (in Euro) 9.13 0.54   0.34  

* From 2018, following the entry into force of IFRS 15 which provides for the combined presentation of contracts with a single commercial objective, the incentives provided to airline companies to develop traffic were classified as a reduction of revenues. In 2017, they were classified under Other operating costs. For comparability purposes, the 2017 figures were reclassified.
** EBITDA is calculated as the difference between total revenues and total costs, excluding provisions and write-downs.