Statement of Income
| Million € | Q1 | ||
|---|---|---|---|
| 2019 | 2018 | +/- | |
| Sales revenue | 16,177 | 15,700 | 3% |
| Cost of sales | (11,254) | (10,714) | (5%) |
| Gross profit on sales | 4,923 | 4,986 | (1%) |
| Selling expenses | (2,202) | (1,969) | (12%) |
| General administrative expenses | (353) | (322) | (10%) |
| Research and development expenses | (511) | (424) | (21%) |
| Other operating income | 561 | 671 | (16%) |
| Other operating expenses | (709) | (729) | 3% |
| Income from companies accounted for using the equity method | 49 | 50 | (2%) |
| Income from operations (EBIT) | 1,758 | 2,263 | (22%) |
| Income from other shareholdings | 4 | 12 | (67%) |
| Expenses from other shareholdings | (16) | (5) | . |
| Net income from shareholdings | (12) | 7 | . |
| Interest income | 47 | 37 | 27% |
| Interest expenses | (168) | (107) | (57%) |
| Interest result |
(121) | (70) | (73%) |
| Other financial income | 8 | 7 | 14% |
| Other financial expenses | (71) | (125) | 43% |
| Other financial result | (63) | (118) | 47% |
| Financial result | (196) | (181) | (8%) |
| Income before income taxes | 1,562 | 2,082 | (25%) |
| Income taxes | (396) | (501) | 21% |
| Income after taxes from continuing operations | 1,166 | 1,581 | (26%) |
| Income after taxes from discontinued operations | 274 | 177 | 55% |
| Income after taxes | 1,440 | 1,758 | (18%) |
| Noncontrolling interests | (34) | (79) | 57% |
| Net income | 1,406 | 1,679 | (16%) |
| Earnings per share from continuing operations (€) | 1.24 | 1.65 | (25%) |
| Earnings per share from discontinued operations (€) | 0.29 | 0.18 | 61% |
| Basic earnings per share (€) | 1.53 | 1.83 | (16%) |
Diluted earnings per share (€) |
1.53 | 1.83 | (16%) |