We have assessed the risks for the second half year of 2016 and believe that the risk categories and risk factors identified are in line with those presented in the 2015 Annual Report. Those are deemed incorporated and repeated in this report by reference.
Other risks not known to us, or currently regarded not to be material, could later turn out to have a negative material impact on our business, objectives, revenues, income, assets, liquidity or capital resources.
Responsibility statement
With reference to the statement within the meaning of article 5:25d (2c) of the Financial Supervision Act, the Management Board hereby declares that, to the best of their knowledge:
- the interim financial statements prepared in accordance with IAS 34, “Interim Financial Reporting”, give a true and fair view of the assets, liabilities, financial position, profit or loss of the company and the undertakings included in the consolidation taken as a whole; and
- the interim Management Board report gives a fair review of the information required pursuant to section 5:25d(8)/(9) of the Financial Supervision Act.
Amsterdam, 19 July 2016
The Management Board
Harold Goddijn / Chief Executive Officer
Taco Titulaer / Chief Financial Officer
Alain De Taeye / Member of the Management Board
Consolidated condensed statement of income
(€ in thousands) |
Q2 '16
|
Q2 '15
|
H1 '16
|
H1 '15
|
|||||
Revenue | 265,225 | 264,613 | 482,380 | 469,888 | |||||
Cost of sales | 119,967 | 129,993 | 213,817 | 225,396 | |||||
Gross result | 145,258 | 134,620 | 268,563 | 244,492 | |||||
Research and development expenses | 45,675 | 52,071 | 90,208 | 95,361 | |||||
Amortisation of technology and databases | 21,107 | 18,644 | 41,733 | 37,166 | |||||
Marketing expenses | 21,545 | 25,297 | 36,603 | 35,045 | |||||
Selling, general and administrative expenses | 44,179 | 38,029 | 91,580 | 81,410 | |||||
Total operating expenses | 132,506 | 134,041 | 260,124 | 248,982 | |||||
Operating result | 12,752 | 579 | 8,439 | -4,490 | |||||
Interest result | -377 | -223 | -682 | -427 | |||||
Other financial result | -1,233 | 301 | 478 | -2,273 | |||||
Result of associates | 134 | 116 | 461 | 213 | |||||
Result before tax | 11,276 | 773 | 8,696 | -6,977 | |||||
Income tax gain | 911 | 1,762 | 8,257 | 2,607 | |||||
Net result | 12,187 | 2,535 | 16,953 | -4,370 | |||||
Net result attributable to: | |||||||||
Equity holders of the parent | 12,066 | 2,631 | 16,858 | -4,514 | |||||
Non-controlling interests | 121 | -96 | 95 | 144 | |||||
Net result | 12,187 | 2,535 | 16,953 | -4,370 | |||||
Basic number of shares (in thousands) | 231,193 | 227,240 | 230,902 | 225,843 | |||||
Diluted number of shares (in thousands) | 234,522 | 234,547 | 234,687 | 230,407 | |||||
EPS, € basic | 0.05 | 0.01 | 0.07 | -0.02 | |||||
EPS, € diluted | 0.05 | 0.01 | 0.07 | -0.02 | |||||