Statement of Income
| 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% |