On a full year basis, acquisition-related amortisation amounted to €235 million in 2017, higher compared with last year (FY '16: €55 million) due to the impairment of goodwill related to Consumer and the accelerated amortisation of some customer relationships.
Financial income and expenses
The net interest charge for the quarter was €0.3 million versus a net interest charge of €0.3 million in Q4 '16. The other financial result for the quarter was a gain of €0.9 million (Q4 '16: loss of €2.0 million), which consisted primarily of foreign exchange gains from the revaluation of monetary balance sheet items partially offset by our hedging results. On a full year basis, the total financial income and expense was a gain of €1.7 million compared with a loss of €2.4 million in 2016.
Income tax
The net income tax for the quarter was a charge of €5.8 million versus a net income tax charge of €3.0 million in Q4 '16. The income tax for the year was a charge of €7.0 million (FY '16: tax gain of €4.7 million).
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Net result and adjusted EPS
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| (€ in millions, unless stated otherwise) | Q4 '17 | Q4 '16 |
y.o.y. change |
FY '17 | FY '16 |
y.o.y. change |
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| Net result | -34.5 | -5.6 | -204.4 | 12.0 | |||||||||||
| Net result attributed to equity holders | -34.2 | -5.5 | -204.0 | 12.0 | |||||||||||
| Impairment charge | 168.7 | ||||||||||||||
| Acquisition-related expenses | 26.3 | 14.2 | 87% | 72.2 | 55.3 | 31% | |||||||||
| Restructuring charge and disposals | 29.2 | 44.6 | |||||||||||||
| Remeasurement of deferred tax liability | 4.6 | 5.3 | -13% | 4.6 | -2.3 | ||||||||||
| Tax effect of adjustments | -11.6 | -2.7 | -24.9 | -10.9 | |||||||||||
| Adjusted net result | 14.3 | 11.3 | 28% | 61.3 | 54.1 | 13% | |||||||||
| Adjusted EPS, € fully diluted | 0.06 | 0.05 | 28% | 0.26 | 0.23 | 12% | |||||||||
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Change percentages and totals calculated before rounding. |
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