Consolidated statement of income

In € millions

 

Note

 

 

 

2014

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

 

14,296

 

 

 

14,859

 

 

Cost of sales

 

3

 

(8,676)

 

 

 

(8,784)

 

 

Gross profit

 

 

 

 

 

5,620

 

 

 

6,075

Selling expenses

 

3

 

(2,912)

 

 

 

(3,021)

 

 

General and administrative expenses

 

3

 

(1,273)

 

 

 

(1,245)

 

 

Research and development expenses

 

3

 

(363)

 

 

 

(347)

 

 

Incidentals

 

3

 

(85)

 

 

 

111

 

 

 

 

 

 

 

 

(4,633)

 

 

 

(4,502)

 

 

 

 

 

987

 

 

 

1,573

Financing income

 

5

 

42

 

 

 

28

 

 

Financing expenses related to pensions

 

5

 

(18)

 

 

 

(13)

 

 

Other financing expenses

 

5

 

(180)

 

 

 

(129)

 

 

Results from associates and joint ventures

 

9

 

21

 

 

 

17

 

 

Profit before tax

 

 

 

 

 

852

 

 

 

1,476

Income tax

 

6

 

 

 

(252)

 

 

 

(416)

Profit from continuing operations

 

 

 

 

 

600

 

 

 

1,060

 

 

 

 

 

 

 

 

 

 

 

Discontinued operations

 

 

 

 

 

 

 

 

 

 

Profit for the period from discontinued operations

 

2

 

 

 

18

 

 

 

6

Profit for the period

 

 

 

 

 

618

 

 

 

1,066

 

 

 

 

 

 

 

 

 

 

 

Attributable to

 

 

 

 

 

 

 

 

 

 

Shareholders of the company

 

 

 

 

 

546

 

 

 

979

Non-controlling interests

 

 

 

 

 

72

 

 

 

87

Profit for the period

 

 

 

 

 

618

 

 

 

1,066

 

 

 

 

 

 

 

 

 

 

 

, in €

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

 

 

 

 

 

 

 

 

Basic

 

13

 

 

 

2.16

 

 

 

3.93

Diluted

 

13

 

 

 

2.15

 

 

 

3.90

Discontinued operations

 

 

 

 

 

 

 

 

 

 

Basic

 

13

 

 

 

0.07

 

 

 

0.02

Diluted

 

13

 

 

 

0.07

 

 

 

0.02

Total operations

 

 

 

 

 

 

 

 

 

 

Basic

 

13

 

 

 

2.23

 

 

 

3.95

Diluted

 

13

 

 

 

2.22

 

 

 

3.92

Operating income

Operating income is defined in accordance with IFRS and includes the relevant incidental items.

Earnings per share

Net income attributable to shareholders divided by the weighted average number of common shares outstanding during the year.