|
x € 1 million |
2024 |
2023 |
|
Administrative expenses |
-4.1 |
-3.4 |
|
Operating result |
-4.1 |
-3.4 |
|
Finance income |
0.1 |
2.8 |
|
Finance expense |
-9.9 |
-6.1 |
|
Result before tax |
-13.9 |
-6.7 |
|
Income tax |
2.3 |
-0.3 |
|
Share in profit or loss of investees |
101.6 |
66.7 |
|
Result after tax |
90.0 |
59.7 |
The effective tax rate for 2024 amounted to a negative 16.6% (2023: 4%). For both years, this was lower than the nominal rate of 25.8%. This is almost entirely because Royal Heijmans N.V., as the parent of the fiscal unity for corporate income tax, settled its result for the year with the entities that are part of the same fiscal unity.
The remuneration for the members of the Supervisory Board, the Executive Board and the Board’s Secretariat are recognised in the company-only financial statements (see notes ‘6.5a Staff costs’ and ‘6.9 Joint operations and related parties’ to the consolidated financial statements).
On average, 4 people were employed at Royal Heijmans N.V. during the year (2023: 4). There were no employees working outside the Netherlands.