Global
Investors

Statement of Income

Quarterly Statement Q1 2020

Million € Q1
  2020 2019 +/-
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 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%)

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.

Last Update April 30, 2020