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Rothschild & Co | Annual Report 2017   

183

1. Overview

4. Financial statements

3.

Management report

2. Business review

In thousands of euro

Notes

01/04/17

31/12/17

(9 months)

01/04/16

31/03/17

(12 months)

Income transactions

Operating income transactions

Operating income

12

2,608

3,899

Operating expenses

13

(16,425)

(24,909)

Net operating income

(13,816)

(21,010)

Other income transactions

Income from investments in Group and other companies and portfolio holdings

14

123,712

80,032

Other interest income

15

1,114

934

Capital gains/(losses) on disposals of marketable securities

16

83

60

(Charge)/recovery of provisions on transactions affecting the income

17

16

3,448

Interest expense

18

(704)

(4,597)

Income from other income transactions

124,221

79,877

Income from joint ventures

Share of profit/(loss)

Current income before tax

110,404

58,867

Income from capital transactions

19

2,378

(2,039)

Income tax (charge)/credit

20

8,981

3,885

NET INCOME

121,764

60,713

Company income statement

for the nine-month period ended 31 December 2017