Statement of Income

Statement of income (million €)

 

 

Explanations in Note

2nd Quarter

1st Half

 

 

2015

2014

Change in %

2015

2014

Change in %

Sales revenue

 

 

19,078

18,455

3.4

39,145

37,967

3.1

Cost of sales

 

 

(14,046)

(13,604)

(3.2)

(28,777)

(28,299)

(1.7)

Gross profit on sales

 

 

5,032

4,851

3.7

10,368

9,668

7.2

Selling expenses

 

 

(2,069)

(1,856)

(11.5)

(4,006)

(3,627)

(10.4)

General administrative expenses

 

 

(371)

(344)

(7.8)

(713)

(650)

(9.7)

Research expenses

 

 

(495)

(471)

(5.1)

(969)

(914)

(6.0)

Other operating income

 

[5]

312

276

13.0

757

676

12.0

Other operating expenses

 

[5]

(426)

(593)

28.2

(1,544)

(1,166)

(32.4)

Income from companies accounted for using the equity method

 

[6]

56

70

(20.0)

141

167

(15.6)

Income from operations

 

 

2,039

1,933

5.5

4,034

4,154

(2.9)

Income from other shareholdings

 

 

38

32

18.8

58

38

52.6

Expenses from other shareholdings

 

 

(11)

(4)

.

(29)

(5)

.

Interest income

 

 

56

39

43.6

114

73

56.2

Interest expense

 

 

(171)

(174)

1.7

(335)

(332)

(0.9)

Other financial result

 

 

(64)

(29)

.

(124)

(93)

(33.3)

Financial result

 

[7]

(152)

(136)

(11.8)

(316)

(319)

0.9

Income before taxes and minority interests

 

 

1,887

1,797

5.0

3,718

3,835

(3.1)

Income taxes

 

[8]

(506)

(468)

(8.1)

(1,049)

(980)

(7.0)

Income before minority interests

 

 

1,381

1,329

3.9

2,669

2,855

(6.5)

Minority interests

 

[9]

(116)

(70)

(65.7)

(230)

(132)

(74.2)

Net income

 

 

1,265

1,259

0.5

2,439

2,723

(10.4)

 

 

 

 

 

 

 

 

 

Earnings per share

 

[10]

 

 

 

 

 

 

Undiluted (€)

 

 

1.38

1.37

0.7

2.66

2.96

(10.1)

Diluted (€)

 

 

1.38

1.37

0.7

2.66

2.96

(10.1)