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