Statement of Income

Statement of income (million €)

 

 

Explanations in Note

3rd Quarter

January – September

 

 

2015

2014

Change %

2015

2014

Change %

Sales revenue

 

 

17,424

18,312

(4.8)

56,569

56,279

0.5

Cost of sales

 

 

(12,860)

(13,871)

7.3

(41,637)

(42,170)

1.3

Gross profit on sales

 

 

4,564

4,441

2.8

14,932

14,109

5.8

Selling expenses

 

 

(2,015)

(1,864)

(8.1)

(6,021)

(5,491)

(9.7)

General administrative expenses

 

 

(346)

(329)

(5.2)

(1,059)

(979)

(8.2)

Research expenses

 

 

(487)

(488)

0.2

(1,456)

(1,402)

(3.9)

Other operating income

 

[5]

895

288

210.8

1,652

964

71.4

Other operating expenses

 

[5]

(844)

(364)

.

(2,388)

(1,530)

(56.1)

Income from companies accounted for using the equity method

 

[6]

122

58

110.3

263

225

16.9

Income from operations

 

 

1,889

1,742

8.4

5,923

5,896

0.5

Income from other shareholdings

 

 

2

14

(85.7)

60

52

15.4

Expenses from other shareholdings

 

 

(8)

(3)

.

(37)

(8)

.

Interest income

 

 

48

64

(25.0)

162

137

18.2

Interest expense

 

 

(153)

(172)

11.0

(488)

(504)

3.2

Other financial result

 

 

(64)

(72)

11.1

(188)

(165)

(13.9)

Financial result

 

[7]

(175)

(169)

(3.6)

(491)

(488)

(0.6)

Income before taxes and minority interests

 

 

1,714

1,573

9.0

5,432

5,408

0.4

Income taxes

 

[8]

(445)

(434)

(2.5)

(1,494)

(1,414)

(5.7)

Income before minority interests

 

 

1,269

1,139

11.4

3,938

3,994

(1.4)

Minority interests

 

[9]

(60)

(125)

52.0

(290)

(257)

(12.8)

Net income

 

 

1,209

1,014

19.2

3,648

3,737

(2.4)

 

 

 

 

 

 

 

 

 

Earnings per share

 

[10]

 

 

 

 

 

 

Undiluted (€)

 

 

1.31

1.11

18.0

3.97

4.07

(2.5)

Diluted (€)

 

 

1.31

1.11

18.0

3.97

4.07

(2.5)