Statement of Income
| Million € | Explanations in Note | 2019 | 2018 restated a |
2018 previous |
|---|---|---|---|---|
| Sales revenue | [6] | 59,316 | 60,220 | 62,675 |
| Cost of sales | [6] | (43,061) | (42,914) | (44,319) |
| Gross profit on sales | 16,255 | 17,306 | 18,356 | |
| Selling expenses | [7] |
(7,912) | (7,715) | (8,588) |
| General administrative expenses | [7] |
(1,310) | (1,356) | (1,426) |
| Research and development expenses | [7] |
(2,158) | (1,994) | (2,028) |
| Other operating income | [8] | 2,095 | 1,812 | 1,815 |
| Other operating expenses | [8] | (3,034) | (2,348) | (2,365) |
| Income from companies accounted for using the equity method | [9] | 116 | 269 | 269 |
| Income from operations | [4] | 4,052 | 5,974 | 6,033 |
| Income from other shareholdings | 33 | 35 | 36 | |
| Expenses from other shareholdings | (78) | (78) | (78) | |
| Net income from shareholdings | (45) | (43) | (42) | |
| Interest income | 183 | 174 | 174 | |
| Interest expenses | (648) | (537) | (540) | |
| Interest result |
(465) | (363) | (366) | |
| Other financial income | 35 | 33 | 32 | |
| Other financial expenses | (275) | (368) | (369) | |
| Other financial result | (240) | (335) | (337) | |
| Financial result | [10] | (750) | (741) | (745) |
| Income before income taxes | 3,302 | 5,233 | 5,288 | |
| Income taxes | [11] | (756) | (1,117) | (1,138) |
| Income after taxes from continuing operations | 2,546 | 4,116 | 4,150 | |
| Income after taxes from discontinued operations | [2] | 5,945 | 863 | 829 |
| Income after taxes | 8,491 | 4,979 | 4,979 | |
| Noncontrolling interests | [12] | (70) | (272) | (272) |
| Net income | 8,421 | 4,707 | 4,707 | |
| Earnings per share from continuing operations (€) | [5] | 2.72 | 4.26 | 4.29 |
| Earnings per share from discontinued operations (€) | [5] | 6.45 | 0.86 | 0.83 |
| Earnings per share (€) | [5] | 9.17 | 5.12 | 5.12 |
Dilution effect (€) |
[5] | (0.02) | (0.01) | (0.01) |
Diluted earnings per share (€) |
[5] | 9.15 | 5.11 | 5.11 |
a Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. More information.