Operating result

The operating result increased by 22.4% to €353 million in 2015, compared to €289 million in 2014. The increase in the operating result was achieved through revenue growth, network expansion, as well as cost control in support functions. In addition, the operating result in 2015 benefited from lower non-recurring items of -€5 million compared to -€24 in 2014.

Depreciation and amortization of software increased to €121 million in 2015 from €108 million in 2014, and total amortization and impairments was €32 million in 2015 compared to €29 in 2014.