Total depreciation and amortisation expenses amounted to €37 million in the quarter, 5% higher compared with last year (Q1 '17: €36 million). This increase is caused by higher amortisation of technology and databases, which is a result of increased capital expenditures in the past years.

FX sensitivity

(€ in millions, unless stated otherwise)		Q1 '18 actual		Q1 '18 recalculated at Q1 '17 FX rates1
Revenue		191.8		196.2
Gross result		133.5		132.4
Gross margin		70%		67%
EBIT		6.9		3.2
EBIT margin		4%		2%
FX RATES IN €		Q1 '18		Q1 '17
US dollar		1.22		1.06
GB pound		0.88		0.86
¹The Q1 '18 income and expense in US dollar and GB pound have been converted to euro using Q1 '17 average exchange rates. All other foreign currencies have not been converted.

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