Statement of Income
| Million € | Q1 | H1 | |||||
|---|---|---|---|---|---|---|---|
| Explanations in note |
2019 | 2018 | +/- | 2019 | 2018 | +/- | |
| Sales revenue | 15,158 |
15,783 |
(4%) |
31,335 |
31,483 |
0% |
|
| Cost of sales | (10,907) |
(10,906) |
(0%) |
(22,161) |
(21,620) |
(3%) |
|
| Gross profit on sales | 4,251 |
4,877 |
(13%) |
9,174 |
9,863 |
(7%) |
|
|
|
|
|
|
|
||
| Selling expenses | (2,195) |
(2,133) |
(3%) |
(4,397) |
(4,102) |
(7%) |
|
| General administrative expenses | (365) |
(354) |
(3%) |
(718) |
(676) |
(6%) |
|
| Research and development expenses | (526) |
(444) |
(18%) |
(1,037) |
(868) |
(19%) |
|
| Other operating income | [5] | 149 |
527 |
(72%) |
710 |
1,198 |
(41%) |
| Other operating expenses | [5] | (811) |
(626) |
(30%) |
(1,520) |
(1,355) |
(12%) |
| Income from companies accounted for using the equity method | [6] | 45 |
59 |
(24%) |
94 |
109 |
(14%) |
| Income from operations (EBIT) | 548 |
1,906 |
(71%) |
2,306 |
4,169 |
(45%) |
|
|
|
|
|
|
|
||
| Income from other shareholdings | 22 |
15 |
47% |
26 |
27 |
(4%) |
|
| Expenses from other shareholdings | (15) |
(6) |
. |
(31) |
(11) |
. |
|
| Net income from shareholdings | 7 |
9 |
(22%) |
(5) |
16 |
. |
|
| Interest income | 45 |
41 |
10% |
92 |
78 |
18% |
|
| Interest expenses | (166) |
(131) |
(27%) |
(334) |
(238) |
(40%) |
|
| Interest result |
(121) |
(90) |
(34%) |
(242) |
(160) |
(51%) |
|
| Other financial income | 8 |
8 |
− |
16 |
15 |
7% |
|
| Other financial expenses | (98) |
(119) |
18% |
(169) |
(244) |
31% |
|
| Other financial result | (90) |
(111) |
19% |
(153) |
(229) |
33% |
|
| Financial result | [7] | (204) |
(192) |
(6%) |
(400) |
(373) |
(7%) |
|
|
|
|
|
|
||
| Income before income taxes | 344 |
1,714 |
(80%) |
1,906 |
3,796 |
(50%) |
|
| Income taxes | [8] | (62) |
(353) |
82% |
(458) |
(854) |
46% |
| Income after taxes from continuing operations | 282 |
1,361 |
(79%) |
1,448 |
2,942 |
(51%) |
|
| Income after taxes from discontinued operations | 6,153 |
162 |
. |
6,427 |
339 |
. |
|
| Income after taxes | 6,435 |
1,523 |
323% |
7,875 |
3,281 |
140% |
|
|
|
|
|
|
|
||
| Noncontrolling interests | [9] | 25 |
(43) |
. |
(9) |
(122) |
93% |
| Net income | 6,460 |
1,480 |
336% |
7,866 |
3,159 |
149% |
|
|
|
|
|
|
|
||
| Earnings per share from continuing operations (€) | [10] | 0.35 |
1.44 |
(76%) |
1.59 |
3.09 |
(49%) |
| Earnings per share from discontinued operations (€) | [10] | 6.68 |
0.17 |
. |
6.97 |
0.35 |
. |
| Basic earnings per share (€) | [10] | 7.03 |
1.61 |
337% |
8.56 |
3.44 |
149% |
Diluted earnings per share (€) |
[10] | 7.03 |
1.61 |
337% |
8.56 |
3.44 |
149% |