Consolidated income statement

in CHF 000	Note	2021	2020¹
Advertising revenue	4	260 582	241 716
Revenue from classifieds & services	4	285 443	284 060
Revenue from commercialisation and intermediary activities	4	79 920	72 408
Revenue from subscriptions and individual sales	4	239 145	241 807
Revenue from print and logistic operations	4	67 268	72 549
Other operating revenue	4	23 419	21 432
Other income	4	1 615	1 824
Revenues		957 391	935 795
Costs of material and services	5	(143 786)	(160 257)
Personnel expenses	6	(447 769)	(442 406)
Other operating expenses	7	(202 495)	(207 309)
Share of net income / (loss) of associates / joint ventures	8	14 321	4 796
Operating income / (loss) before depreciation and amortisation (EBITDA)		177 662	130 619
Depreciation and amortisation	9	(49 737)	(47 298)
Operating income / (loss) before effects of business combinations (EBIT b. PPA)		127 925	83 322
Amortisation resulting from business combinations	9	(64 657)	(69 181)
Impairment	9	–	(85 000)
Operating income / (loss) (EBIT)		63 268	(70 859)
Financial income	10	798 691²	5 229
Financial expense	10	(9 137)	(25 832)
Income / (loss) before taxes (EBT)		852 822	(91 462)
Income taxes	11	(20 122)	(3 180)
Net income / (loss) (EAT)		832 700	(94 642)
of which
attributable to TX Group shareholders		801 958	(112 295)
attributable to non-controlling interests	14	30 742	17 653

1 The structure of revenues in the consolidated income statement has been adjusted. The previous year's figures were adjusted accordingly. See section Restatement in the Cosolidation Principles.
2 Also includes the gain on disposal from the transfer of the shares of TX Markets AG to the joint venture SMG Swiss Marketplace Group AG in the amount of CHF 778.5 million.