Statement of Income (XLS:) Download Statement of income (Million €) Q1 2019 2018 +/– Sales revenue 16,177 15,700 3% Cost of sales (11,254) (10,714) (5%) Gross profit on sales 4,923 4,986 (1%) Selling expenses (2,202) (1,969) (12%) General administrative expenses (353) (322) (10%) Research and development expenses (511) (424) (21%) Other operating income 561 671 (16%) Other operating expenses (709) (729) 3% Income from companies accounted for using the equity method 49 50 (2%) Income from operations (EBIT) 1,758 2,263 (22%) Income from other shareholdings 4 12 (67%) Expenses from other shareholdings (16) (5) . Net income from shareholdings (12) 7 . Interest income 47 37 27% Interest expenses (168) (107) (57%) Interest result (121) (70) (73%) Other financial income 8 7 14% Other financial expenses (71) (125) 43% Other financial result (63) (118) 47% Financial result (196) (181) (8%) Income before income taxes 1,562 2,082 (25%) Income taxes (396) (501) 21% Income after taxes from continuing operations 1,166 1,581 (26%) Income after taxes from discontinued operations 274 177 55% Income after taxes 1,440 1,758 (18%) Noncontrolling interests (34) (79) 57% Net income 1,406 1,679 (16%) Earnings per share from continuing operations € 1.24 1.65 (25%) Earnings per share from discontinued operations € 0.29 0.18 61% Basic earnings per share € 1.53 1.83 (16%) Diluted earnings per share € 1.53 1.83 (16%) back next