Answer: 9,979

## Explanation To measure profit generated by the company's own asset base, we need to adjust the pretax profit by removing non-operating items and adding back non-cash charges: **Calculation:** - Start with Pretax profit: 15,080 - Subtract Income from associates and joint ventures (6,086) - this represents income from investments, not the company's own operations - Add back Recurring impairment of goodwill (1,798) - this is a non-cash charge - Add back Recurring total provisions (985) - these are non-cash charges **Calculation:** 15,080 - 6,086 + 1,798 + 985 = 9,979 **Rationale:** - Removing income from associates isolates the company's core operations - Adding back non-cash charges (impairment and provisions) provides a better measure of operating performance - This gives us €9,979 thousand as the profit generated by the company's own asset base

Author: LeetQuiz Editorial Team