Total depreciation and amortisation costs amounted to €32 million compared with €28 million in Q3 '15. This increase results from the go-live of several technology platforms. Acquisition-related amortisation amounted €14 million (Q3 '15: €13 million). The year on year increase is mainly related to the acquisition of Finder in Telematics.
Financial income and expenses
The net interest charge for the quarter was €0.4 million compared with €0.3 million in Q3 '15.
The other financial result was a gain of €0.5 million for the quarter compared with a loss of €2.6 million in Q3 '15.
Income tax
In Q3 '16, the group recorded an income tax charge of €0.6 million compared with a gain of €8 thousand in the same period last year.
Net result
(€ in millions, unless stated otherwise) | Q3 '16 | Q3 '15 | y.o.y. change | YTD '16 | YTD '15 | y.o.y. change | ||||||
Net result | 0.6 | 1.7 | -67% | 17.5 | -2.6 | |||||||
Net result attributed to equity holders | 0.6 | 1.8 | -67% | 17.5 | -2.7 | |||||||
Remeasurement of deferred tax liability | -7.6 | |||||||||||
Acquisition-related amortisation | 13.7 | 13.1 | 5% | 41.1 | 38.9 | 6% | ||||||
Tax effect of adjustments | -2.6 | -3.3 | -20% | -8.2 | -9.7 | -15% | ||||||
Adjusted net result | 11.7 | 11.6 | 1% | 42.8 | 26.5 | 61% | ||||||
Adjusted EPS, € fully diluted | 0.05 | 0.05 | 1% | 0.18 | 0.11 | 59% |