Translation of "Underlying profit" in German

At the same time, the Group nearly doubled its underlying operating profit versus the same period last year.

Net underlying profit decreased to EUR 27 million [35] (from EUR 604 million in 2008).

Net underlying profit, excluding those elements, came in to EUR 604 million, almost exclusively realised in the first half of 2008.

We present reconciliations of underlying operating profit to operating profit reported in accordance with IFRS for each of those periods in the table below.

On an underlying basis, net profit increased 19%, bringing the corresponding margin to 20% and basic earnings per share to CHF 16.99 (2017: CHF 14.65).

Governments also bankroll much of the research underlying the industry’s profits.

The company was also unable to use internally generated underlying profits to sort out (part of) the problem, partly because it incurred losses of EUR 922 million in 2008 related to the Madoff fraud.

By its first question, the national court is asking, in essence, whether Articles 43 EC and 56 EC preclude legislation of a Member State which exempts from corporation tax dividends received by a resident company from a company which is also resident in that State (‘nationally-sourced dividends’), when it imposes that tax on dividends received by a resident company from a company which is not resident in that State (‘foreign-sourced dividends’), particularly if it is a nonresident company controlled by that resident company, while granting relief for all withholding tax levied in the State in which the company making the distribution is resident and, where the resident company receiving the dividends holds, directly or indirectly, not less than 10% of the voting power in the company making the distribution, relief against corporation tax paid by the company making the distribution on the profits underlying the dividends distributed.