Gross profit represents the balance of net revenue and the cost of work, plus the profit recognised on work in progress. Gross profit also includes:

• the addition to or release from the provision for expected losses on work in progress;

• subsequent results on work completed which have been realised in this financial year;

• income from fixed operating assets charged as rent to projects and third parties, less operating expenses, including periodic maintenance costs, and excluding depreciation;

• various items of income and expenses, such as results on the sale of tangible fixed assets, exchange differences and compensation for damage;

• depreciation and impairment of tangible fixed assets;

• amortisation of intangible fixed assets.