5

Financial Statements

Consolidated profit and loss account for 2022

In thousands of euros

2022

2021

Net turnover

(11)

939,146

893,568

Cost of sales

(911,629)

(875,115)

Gross margin on turnover

27,517

18,453

Selling and distribution expenses

(12)

(16,068)

(8,955)

General and administrative expenses

(13)

(2,707)

(2,141)

Total operation expenses

(18,775)

(11,096)

Other operating income

(14)

22,853

(205)

Net result on turnover

31,595

7,152

Interest receivable and similar income

(15)

7

(471)

Interest payable and similar charges

(16)

(2,223)

(1,492)

(2,216)

(1,963)

Result before tax

29,379

5,189

Tax on result

(17)

(7,519)

(1,267)

Share of result from participating interests

(1,050)

(378)

Result after tax

20,811

3,544

The accompanying notes are an integral part of these consolidated financial statements.