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Consolidated statement of profit or loss

in thousand EUR   Notes   2019   2018
Revenues   4    44 380   46 349
 
Initial recognition of fair value from biological assets   12    13 455  
Changes in inventories of finished goods and work in progress   15    1 796   489
Raw materials       –2 835   –3 844
Consumables used   5    –10 960   –10 508
Other production costs   5    –5 093   –4 850
Labour costs   6    –20 741   –19 351
Other operating expenses   7    –2 757   –3 949
Other operating income   7    767   505
Share of profits/(losses) of associates   14    438   270
Earnings before interest, tax, depreciation and amortization (EBITDA)       18 450   5 111
 
Depreciation, amortization and impairment   8    –4 494   –3 416
Earnings before interest and tax (EBIT)       13 956   1 695
 
Financial income   9    640   74
Financial expenses   9    –2 985   –2 825
Earnings before tax (EBT)       11 611   –1 056
 
Income tax (expenses)/income   29    –3 638   –661
Net profit/(loss) for the period       7 973   –1 717
 
Allocation of net (loss)/profit:            
 Equity owners of Precious Woods Holding Ltd       7 988   –1 716
 Non-controlling interests       –15   –1
 
Basic earnings per share   25    1.13   –0.24
Diluted earnings per share   25    1.13   –0.24