Statement of Income (XLS:) XLS Statement of income (Million €) Q2 H1 Explanations in Note 2020 2019 +/– 2020 2019 +/– a The statement of income for 2019 was adjusted retroactively on presentation of the construction chemicals activities as discontinued operations from December 21, 2019, onward. For more information, see the BASF Report 2019, Note 1.4 b In the second half of 2019, the gain on the disposal of the oil and gas business was adjusted retroactively as of May 1, 2019. c 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 Note 1 Sales revenuea 12,680 14,478 (12%) 29,433 30,074 (2%) Cost of sales (9,549) (10,538) 9% (21,775) (21,465) (1%) Gross profit on salesa 3,131 3,940 (21%) 7,658 8,609 (11%) Selling expenses (1,827) (1,976) 8% (3,798) (3,966) 4% General administrative expenses (313) (348) 10% (637) (684) 7% Research and development expenses (480) (518) 7% (974) (1,021) 5% Other operating income [5] 104 148 (30%) 604 707 (15%) Other operating expenses [5] (584) (795) 27% (1,372) (1,492) 8% Income from integral companies accounted for using the equity method 28 56 (50%) 34 133 (74%) Income from operations (EBIT)a, c 59 507 (88%) 1,515 2,286 (34%) Income from non-integral companies accounted for using the equity method (775) (11) . (941) (39) . Income from other shareholdings 10 22 (55%) 22 26 (15%) Expenses from other shareholdings (23) (15) (53%) (37) (31) (19%) Net income from shareholdingsa, c [7] (788) (4) . (956) (44) . Interest income 37 44 (16%) 83 91 (9%) Interest expenses (143) (165) 13% (293) (332) 12% Interest result (106) (121) 12% (210) (241) 13% Other financial income (38) 8 . 41 16 156% Other financial expenses (50) (97) 48% (113) (168) 33% Other financial result (88) (89) 1% (72) (152) 53% Financial resulta, c [7] (194) (210) 8% (282) (393) 28% Income before income taxesa (923) 293 . 277 1,849 (85%) Income taxes [8] 35 (50) . (284) (443) 36% Income after taxes from continuing operations (888) 243 . (7) 1,406 . Income after taxes from discontinued operationsb 14 5,686 (100%) 36 5,963 (99%) Income after taxesb (874) 5,929 . 29 7,369 (100%) Noncontrolling interests [9] (4) 25 . (22) (9) . Net incomeb (878) 5,954 . 7 7,360 (100%) Earnings per share from continuing operations € [10] (0.97) 0.30 . (0.02) 1.54 . Earnings per share from discontinued operations € [10] 0.02 6.18 (100%) 0.04 6.47 (99%) Basic earnings per sharea € [10] (0.95) 6.48 . 0.01 8.01 (100%) Diluted earnings per sharea € [10] (0.95) 6.48 . 0.01 8.01 (100%) back next