Statement of Income

(XLS:) XLS

Statement of income (Million €)

 

 

Q1

 

 

2020

2019

+/–

a

The 2019 figures have been restated to reflect the reclassification of income from non-integral companies accounted for using the equity method to net income from shareholdings. For more information, see Significant Events in this quarterly statement.

Sales revenue

 

16,753

15,596

7%

Cost of sales

 

(12,226)

(10,927)

(12%)

Gross profit on sales

 

4,527

4,669

(3%)

 

 

 

 

 

Selling expenses

 

(1,971)

(1,990)

1%

General administrative expenses

 

(324)

(336)

4%

Research and development expenses

 

(494)

(503)

2%

Other operating income

 

500

559

(11%)

Other operating expenses

 

(788)

(697)

(13%)

Income from integral companies accounted for using the equity methoda

 

6

77

(92%)

Income from operations (EBIT)a

 

1,456

1,779

(18%)

 

 

 

 

 

Income from non-integral companies accounted for using the equity methoda

 

(166)

(28)

.

Income from other shareholdings

 

12

4

200%

Expenses from other shareholdings

 

(14)

(16)

13%

Net income from shareholdingsa

 

(168)

(40)

.

 

 

 

 

 

Interest income

 

46

47

(2%)

Interest expenses

 

(150)

(167)

10%

Interest result

 

(104)

(120)

13%

Other financial income

 

79

8

.

Other financial expenses

 

(63)

(71)

11%

Other financial result

 

16

(63)

.

Financial resulta

 

(88)

(183)

52%

 

 

 

 

 

Income before income taxes

 

1,200

1,556

(23%)

Income taxes

 

(319)

(393)

19%

Income after taxes from continuing operations

 

881

1,163

(24%)

Income after taxes from discontinued operations

 

22

277

(92%)

Income after taxes

 

903

1,440

(37%)

 

 

 

 

 

Noncontrolling interests

 

(18)

(34)

47%

Net income

 

885

1,406

(37%)

 

 

 

 

 

Earnings per share from continuing operations

€

0.94

1.24

(24%)

Earnings per share from discontinued operations

€

0.02

0.29

(93%)

Basic earnings per share

€

0.96

1.53

(37%)

Diluted earnings per share

€

0.96

1.53

(37%)