8.3 Company statement of profit or loss for 2022

x € 1,000

2023

2022

Administrative expenses

-3,456

-3,309

Operating result

-3,456

-3,309

Finance income

2,805

211

Finance expense

-6,071

-2,280

Result before tax

-6,722

-5,378

Income tax

-250

4,425

Share in profit or loss of investees

66,705

60,533

Result after tax

59,733

59,580

The effective tax rate for 2023 of 4% (2022: negative 82.3%) is lower than the nominal rate of 25.8%. This is almost entirely because in 2023 Heijmans NV, as the parent of the tax group for corporate income tax, settled its result for the year with the entities that are part of the same tax group.

The remuneration for the members of the Supervisory Board, the Executive Board and the Board's Secretariat are recognised in the company financial statements (see note 6.29 to the consolidated financial statements).

Heijmans N.V employed an average of four staff in 2023 (2022: four).