Revenue evolution Thousands of euros 200,000 187,609 175,000 167,517 152,629 150,504 150,000 114,740 115,270 117,831 125,000 100,000 75,000 2011 2012 2013 2014 2015 2016 2017 EBITDA evolution Thousands of euros 25,000 19,865 20,390 20,481 20,000 13,296 15,000 11,119 11,011 9,536 10,000 5,000 2011 2012 2013 2014 2015 2016 2017 line, but also because this improves Investments the quality and quantity of the supply, With regard to the investments approved making the shows more attractive in 2017, some of which will en dup and interesting to the visitor. in terms being enacted in 2018 or beyond, these of costs, however, the provision of amounted to 4.6 million euros. Significant services and catering, for instance, investments were made in iT systems is very much more than the simple to set up a new accreditation system, “production” of exhibitions. An increase continue developing CRM, develop in the sales of services and catering is the Fira shows apps and expand data necessarily associated with increased storage capacity, totalling 560,000 euros. expenditure. Moving on to investments in the it is for this reason (the different venues, the largest were, at composition of the turnover) that the Gran Via, the replacement of the ebitda may be very different from dynamic communication at a cost of one year to another, especially in 430,000 euros and, at Montjuïc, the relative terms over the total income. waterproofingof the roofs of Palau 2 nonetheless, in absolute terms it was of (500,000 euros), the expansion of the 20.5 million euros in 2017 (+0.5 % above corporate of fices (500,000 euros), 2016). This was another record amount, the refurbishment of the amphitheatre although it did not increase by the same (300,000 euros) and the replacement proportion as income (11.7 %), precisely of the cooling towers (130,000 euros) at due to the effect mentioned above. Palau de Congressos, among others. BALAnCe — 47