Your company uses IFRS. You know that the operating cash flows generated in 2018 were 779000 EUR. You also know that: - inventories at the beginning of the year were 642000 EUR, while at the end of the year are 682000 EUR. - trade receivables at the beginning of the year were 404000 EUR, while at the end of the year are 314000 EUR. - operating payables (without corporate income tax payables) at the beginning of the year were 699000 EUR, while at the end of the year are 383000 EUR. The corporate income tax paid in this year was 36000 EUR. The depreciation and amortisation in the year was 72000 EUR.

Calculate operating profit/loss before taxation for the year.