Statement of Income

Statement of income (million €)

 

 

Explanations in Note

1st Quarter

 

 

2015

2014

Change in %

Sales revenue

 

 

20,067

19,512

2.8

Cost of sales

 

 

(14,731)

(14,695)

(0.2)

Gross profit on sales

 

 

5,336

4,817

10.8

Selling expenses

 

 

(1,937)

(1,771)

(9.4)

General administrative expenses

 

 

(342)

(306)

(11.8)

Research expenses

 

 

(474)

(443)

(7.0)

Other operating income

 

[5]

445

400

11.3

Other operating expenses

 

[5]

(1,118)

(573)

(95.1)

Income from companies accounted for using the equity method

 

[6]

85

97

(12.4)

Income from operations

 

 

1,995

2,221

(10.2)

Income from other shareholdings

 

 

20

6

233.3

Expenses from other shareholdings

 

 

(18)

(1)

Interest income

 

 

58

34

70.6

Interest expense

 

 

(164)

(158)

(3.8)

Other financial result

 

 

(60)

(64)

6.3

Financial result

 

[7]

(164)

(183)

10.4

Income before taxes and minority interests

 

 

1,831

2,038

(10.2)

Income taxes

 

[8]

(543)

(512)

(6.1)

Income before minority interests

 

 

1,288

1,526

(15.6)

Minority interests

 

[9]

(114)

(62)

(83.9)

Net income

 

 

1,174

1,464

(19.8)

 


 

 

 

 

 

Earnings per share

 

[10]

 

 

 

Undiluted (€)

 

 

1.28

1.59

(19.5)

Diluted (€)

 

 

1.28

1.59

(19.5)