Page 99 - Restamax Plc Annual Report 2017

8 OPERATING SEGMENTS

The Group has two reported operating segments, which are its strategic business units.

The Group’s reported operating segments are as follows:
Restaurants Production of restaurant services
Labour hire Production of labour hire services

The restaurants segment operates in all sectors of the restaurant business, offering different types of restaurant expe-
riences to customers’ needs; the segment operates on the principle of “from the morning until late at night”, offering
both restaurants and nightclubs. The segment has a total of 70 concepts, approximately half of which are designed
for duplication. Well-known restaurant concepts of the Group include Viihdemaailma Ilona, Classic American Diner,
Daddy’s Diner, Stefan’s Steakhouse, Galaxie Center and Space Bowling & Billiards.

The labour hire segment offers labour hire services to companies operating in several different fields. The majority
of the turnover of the segment is generated from the HoReCa and construction fields. The earnings from the
segment are derived from labour hire activities.
2017
Net income Restaurants Labour hire Eliminations Group
Turnover 122,173.5 75,612.2 -11,929.5 185,856.2
Other operating income 2,188.3 231.7 -610.3 1,809.7
EBITDA 16,325.0 6,602.6 -523.5 22,404.2
Depreciations -9,405.3 -2,768.7 536.5 -11,637.4
Operating profit 6,919.7 3,834.0 13.0 10,766.7
Profit/loss before taxes 6,344.1 1,680.6 0.0 8,024.8
In 1 January–31 December 2017, the labour hire segment includes as a cost non-recurring asset transfer tax in the total
amount of EUR 299,569.34 resulting from the subsidiary transactions concluded.

In the financial period 1 January-31 December 2017, the financial costs of the Labour hire segment included the non-
recurring item of the adjustment of TEUR 1,711.1 to the estimated additional sales price related to the share acquisition
of Smile Job Service One Oy (now Smile Job Services Oy).

Assets 2017
Assets of the reported segment 101,037.8 44,728.5 -12,705.8 133,060.5

Liabilities
Liabilities of the reported segment 60,025.0 39,353.2 -13,210.5 86,167.6

2016
Net income Restaurants Labour hire Eliminations Group
Turnover 107,544.2 34,129.4 -11,601.7 130,071.9
Other operating income 3,036.2 69.2 -571.5 2,533.9
EBITDA 16,475.1 3,441.5 -517.8 19,398.8
Depreciations -9,074.1 -1,844.6 517.8 -10,400.9
Operating profit 7,401.0 1,596.9 0.0 8,997.9
Profit/loss before taxes 6,547.2 1,358.4 -11.7 7,893.9
Henkilöstövuokraussegmentissä tehtiin 1.1.-31.12.2016 ylimääräinen liikevoittoa rasittava kertaluontoinen poisto
338.416,67 euroa seurauksena aiemmin 2014 henkilöstöpalveluiden hankinnan yhteydessä arvostettuihin aineet-
tomiin hyödykkeisiin, jotka nyt konsernin ostaman Namun hankinnasta johtuen ovat konsernin sisäisiä.

Assets 2016
Assets of the reported segment 91,114.9 18,244.6 -11,693.4 97,666.0

Liabilities
Liabilities of the reported segment 48,649.0 18,456.2 -13,401.0 53,704.2

CONSOLIDATED FINANCIAL STATEMENTS 99