Key Financial Figures

Economic data 201920182017 RESTATED (2)
Revenues thousands of Euro 758,010 713,145 676,541
EBITDA (1) thousands of Euro 274,659 281,851 243,006
Operating Profit thousands of Euro 174,652 189,469 127,890
Profit before taxes thousands of Euro 175,209 187,396 118,116
Group Net Profit thousands of Euro 124,419 136,076 84,070
   
Income by Business Unit   2019 2018 2017 RESTATED
Commercial Aviation thousands of Euro 679,444 658,128 621.404
General Aviation thousands of Euro 10,818 11,344 12,128
Energy thousands of Euro 16,606 14,484 14,728
   
Balance sheet data   2019 2018 2017
Net capital employed thousands of Euro 809,549 858,737 900,055
Group Shareholders' equity thousands of Euro 358,593 459,101 391,154
Net debt thousands of Euro 450,929 399,611 508,878
   
Personnel   2019 2018 2017
Employees HDC (at year-end)   2,853 2,847 2,837

(1) EBITDA is calculated as the difference between total revenues and total costs, excluding provisions and write-downs.
(2) From first January In accordance with IFRS 15 – Revenue from contracts with customers, applied by the Group from January 1, 2018, the incentives to the airline carriers for the development of traffic, previously classified in the account “Other operating costs”, and shown under commercial costs, in 2018 are classified as a direct reduction of “Operating revenues”. The figures in the 2017 accounts were reclassified for a correct comparability of the accounts in the financial statements.