Global
Investors

Statement of Income

Quarterly Statement Q3 2019

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%
Last Update October 24, 2019