1.1 Consolidated income statement

in CHF thousand	Notes	2017	2016
Net revenue from sales to customers	4.1 / 4.3 / 4.4	288,502	298,877
Other operating income	4.4	4,599	5,126
Changes in inventories of semi-finished and finished products, capitalised costs	4.4	–2,071	–4,565
Total operating income	4.4	291,030	299,438

Cost of materials		–119,792	–121,120
External production costs		–10,065	–12,765
Personnel expenditure	4.5 / 4.6	–83,189	–81,623
Other operating expenses	4.7	–49,478	–50,799
Depreciation and impairment on tangible assets	4.16	–15,086	–13,824
Depreciation and impairment on intangible assets	4.17	–777	–777
Earnings before interest and taxes (EBIT)	4.1	12,643	18,530

Financial income		1,764	1,432
Financial expenses		–1,022	–705
Financial result	4.8	742	727
Earnings before income taxes (EBT)		13,385	19,257

Income tax expenses	4.9	–6,989	–6,926
Net income for the period		6,396	12,331
Attributable to the shareholders of Orell Füssli Holding Ltd		4,771	10,806
Attributable to minority interests		1,625	1,525

in CHF		Notes		2017		2016
Earnings per share		4.10		2.44		5.51
Diluted earnings per share		4.10		2.43		5.51

The disclosures form an integral part of the financial report.