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|
Consolidated statements of income (million €) |
|
| |
|---|---|---|---|
|
Explanations |
2011 |
2010 | |
|
Sales |
73,497 |
63,873 | |
|
Cost of sales |
|
(53,986) |
(45,310) |
|
Gross profit on sales |
|
19,511 |
18,563 |
|
|
|
|
|
|
Selling expenses |
|
(7,323) |
(6,700) |
|
General and administrative expenses |
|
(1,315) |
(1,138) |
|
Research and development expenses |
|
(1,605) |
(1,492) |
|
Other operating income |
2,008 |
1,140 | |
|
Other operating expenses |
(2,690) |
(2,612) | |
|
Income from operations |
8,586 |
7,761 | |
|
|
|
|
|
|
Income from companies accounted for using the equity method |
|
48 |
201 |
|
Other income from participations |
|
966 |
137 |
|
Other expenses from participations |
|
(30) |
(39) |
|
Interest income |
|
189 |
150 |
|
Interest expense |
|
(763) |
(773) |
|
Other financial income |
|
909 |
866 |
|
Other financial expenses |
|
(935) |
(930) |
|
Financial result |
384 |
(388) | |
|
|
|
|
|
|
Income before taxes and minority interests |
|
8,970 |
7,373 |
|
Income taxes |
(2,367) |
(2,299) | |
|
Income before minority interests |
|
6,603 |
5,074 |
|
|
|
|
|
|
Minority interests |
(415) |
(517) | |
|
Net income |
|
6,188 |
4,557 |
|
Earnings per share (€) |
6.74 |
4.96 | |
|
Dilution effect |
(0.01) |
. | |
|
Diluted earnings per share (€) |
6.73 |
4.96 | |
