Statement of Income

Statement of income (Million €)

 

 

Q3

January–September

 

 

2019

2018

+/–

2019

2018

+/–

Sales revenue

 

15,231

15,606

(2%)

46,566

47,089

(1%)

Cost of sales

 

(11,120)

(11,111)

(0%)

(33,281)

(32,731)

(2%)

Gross profit on sales

 

4,111

4,495

(9%)

13,285

14,358

(7%)

 

 

 

 

 

 

 

 

Selling expenses

 

(2,155)

(2,151)

(0%)

(6,552)

(6,253)

(5%)

General administrative expenses

 

(316)

(352)

10%

(1,034)

(1,028)

(1%)

Research and development expenses

 

(540)

(509)

(6%)

(1,577)

(1,377)

(15%)

Other operating income

 

816

754

8%

1,526

1,952

(22%)

Other operating expenses

 

(623)

(936)

33%

(2,143)

(2,291)

6%

Income from companies accounted for using the equity method

 

83

94

(12%)

177

203

(13%)

Income from operations (EBIT)

 

1,376

1,395

(1%)

3,682

5,564

(34%)

 

 

 

 

 

 

 

 

Income from other shareholdings

 

11

4

175%

37

31

19%

Expenses from other shareholdings

 

(19)

(8)

.

(50)

(19)

.

Net income from shareholdings

 

(8)

(4)

(100%)

(13)

12

.

Interest income

 

44

45

(2%)

136

123

11%

Interest expenses

 

(162)

(142)

(14%)

(496)

(380)

(31%)

Interest result

 

(118)

(97)

(22%)

(360)

(257)

(40%)

Other financial income

 

23

8

188%

39

23

70%

Other financial expenses

 

(67)

(45)

(49%)

(236)

(289)

18%

Other financial result

 

(44)

(37)

(19%)

(197)

(266)

26%

Financial result

 

(170)

(138)

(23%)

(570)

(511)

(12%)

 

 

 

 

 

 

 

 

Income before income taxes

 

1,206

1,257

(4%)

3,112

5,053

(38%)

Income taxes

 

(271)

(225)

(20%)

(729)

(1,079)

32%

Income after taxes from continuing operations

 

935

1,032

(9%)

2,383

3,974

(40%)

Income after taxes from discontinued operations

 

235

6,427

574

.

Income after taxes

 

935

1,267

(26%)

8,810

4,548

94%

 

 

 

 

 

 

 

 

Noncontrolling interests

 

(24)

(67)

64%

(33)

(189)

83%

Net income

 

911

1,200

(24%)

8,777

4,359

101%

 

 

 

 

 

 

 

 

Earnings per share from continuing operations

 

1.00

1.07

(7%)

2.59

4.16

(38%)

Earnings per share from discontinued operations

 

0.24

.

6.97

0.59

.

Basic earnings per share

 

1.00

1.31

(24%)

9.56

4.75

101%

Diluted earnings per share

 

1.00

1.31

(24%)

9.56

4.75

101%