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MANAGEMENT REPORT SIEMENS Gamesa RENEWABLE ENERGY Siemens Gamesa Renewable Energy , S.A. Management report for the 6 - month period ended March 31 , 2021 Business evolution Siemens Gamesa is a holding company , and consequently , its results come mainly from its investee companies and from income accrued on the financing granted and the services provided to the companies in the Group . Significant events of the year ended March 31 , 2021 The sum of " Revenue " and " Other operating income " of the ended year March 31 , 2021 amounts sto EUR 143,429 thousand , of which EUR 105,320 thousand correspond to dividends received from investements in group companies and associates , EUR 14,098 thousand to financial income from credits granted to subsidiaries and EUR 24,011 thousand to income from the services rendered to group companies ( Note 11 ) . " Staff costs " amounting to EUR 30,808 thousand , " Other operating expenses " amounting to EUR 60,931 thousand , " Depreciation and amortization " amounting to EUR 164 thousand and " Impairment and losses on disposals of financial instruments in group companies and associates " amounted to a positive result of EUR 55,703 thousand ( Note 5 ) , brings a positive " Operating result " of EUR 107,229 thousand . The " Financial Result " has been negative in amount of EUR 7,463 thousand , mainly due to exchange differences . The Result before taxes amount to a profit of EUR 99,766 thousand and the Corporate Income Tax entails an income of EUR 2,744 thousand , which leaves a " Result for the period " from continuing operations of SIEMENS GAMESA of EUR 102,510 thousand of profit , compared to EUR 188,966 thousand of profit for the year ended March 31 , 2020 . The Company's Directors have prepared the Financial Statements on a going concern basis , as they consider that the future perspectives of the Company's and the Group's business will allow obtaining positive results and positive cash flows in the next years . Additionally , the Company's liquidity needs are guaranteed at all moments through credit lines ( Note 9 ) . SIEMENS GAMESA's activity is greatly influenced by the activity of the SIEMENS GAMESA Group , and therefore the significant aspects of its development are included below . 1