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Consolidated income statement

millions of €

 

 

 

 

 

 

 

Note

2020

2019

2018

Net revenue

 

20

100,999

80,531

75,656

Of which: interest income calculated using the effective interest method

 

 

278

345

305

Other operating income

 

21

2,879

1,121

1,491

Changes in inventories

 

 

(15)

29

(14)

Own capitalized costs

 

23

2,774

2,418

2,433

Goods and services purchased

 

24

(44,674)

(36,956)

(38,160)

Personnel costs

 

25

(18,853)

(16,723)

(16,436)

Other operating expenses

 

26

(4,476)

(3,301)

(3,134)

Impairment losses on financial assets

 

 

(862)

(452)

(394)

Gains (losses) from the write-off of financial assets measured at amortized cost

 

 

(188)

(42)

(120)

Other

 

 

(3,425)

(2,807)

(2,620)

EBITDA

 

 

38,633

27,120

21,836

Depreciation, amortization and impairment losses

 

27

(25,829)

(17,663)

(13,836)

Profit (loss) from operations (EBIT)

 

 

12,804

9,457

8,001

Finance costs

 

28

(4,224)

(2,364)

(1,817)

Interest income

 

 

414

348

277

Interest expense

 

 

(4,638)

(2,712)

(2,094)

Share of profit (loss) of associates and joint ventures accounted for using the equity method

 

29

(12)

87

(529)

Other financial income (expense)

 

30

109

81

(502)

Profit (loss) from financial activities

 

 

(4,128)

(2,197)

(2,848)

Profit (loss) before income taxes

 

 

8,677

7,260

5,153

Income taxes

 

31

(1,929)

(1,993)

(1,824)

Profit (loss)

 

 

6,747

5,268

3,329

Profit (loss) attributable to

 

 

 

 

 

Owners of the parent (net profit (loss))

 

 

4,158

3,867

2,166

Non-controlling interests

 

32

2,589

1,401

1,163

 

 

 

 

 

 

Earnings per share

 

33

 

 

 

Profit (loss) attributable to the owners of the parent (net profit (loss))

 

millions of €

4,158

3,867

2,166

Adjusted weighted average number of basic/diluted ordinary shares outstanding

 

millions

4,743

4,743

4,742

Earnings per share basic/diluted

 

0.88

0.82

0.46

Sprint has been included in Deutsche Telekom’s consolidated financial statements as a fully consolidated subsidiary since April 1, 2020. This transaction affects the comparability of the figures for the current period with the prior-year figures. For further information on the transaction, please refer to the section “Changes in the composition of the Group and other transactions.”