Total depreciation and amortisation costs amounted to €33 million compared with €30 million in Q1 '16. This increase is mainly caused by higher amortisation of technology and databases, which is a result of increased capital expenditures in the past years.
Financial income and expenses
The net interest charge for the quarter was €0.2 million versus a net interest charge of €0.3 million in Q1 '16. The other financial result for the quarter was a gain of €0.4 million (Q1 '16: gain of €1.7 million).
Income tax
The net income tax for the quarter was close to nil versus a net income tax gain of €7.3 million in Q1 '16. The income tax gain in Q1 ’16 was mainly the result of remeasurement of our deferred tax assets and liabilities.
Net result and adjusted EPS
(€ in millions, unless stated otherwise) | Q1 '17 | Q1 '16 |
y.o.y.
|
||||
Net result | -4.6 | 4.8 | |||||
Net result attributed to equity holders | -4.6 | 4.8 | |||||
Remeasurement of deferred tax liability | 0.0 | -7.6 | |||||
Acquisition-related expenses | 14.9 | 13.7 | 8% | ||||
Tax effect of adjustments | -3.2 | -3.0 | 8% | ||||
Adjusted net result | 7.0 | 7.9 | -11% | ||||
Adjusted EPS, € fully diluted | 0.03 | 0.03 |