Statement of Income
| Million € | Explanations in Note | 2018 | 2017 restated 1 |
2017 previous |
|---|---|---|---|---|
| Sales revenue | [1],[4] | 62,675 | 61,223 | 64,475 |
| Cost of sales | [6] | (44,319) | (41,591) | (43,929) |
| Gross profit on sales | 18,356 | 19,632 | 20,546 | |
| Selling expenses | [6] |
(8,588) | (8,182) | (8,262) |
| General administrative expenses | [6] |
(1,426) | (1,330) | (1,412) |
| Research and development expenses | [6] |
(2,028) | (1,843) | (1,888) |
| Other operating income | [7] | 1,815 | 1,569 | 1,916 |
| Other operating expenses | [8] | (2,365) | (2,582) | (2,949) |
| Income from companies accounted for using the equity method | [9] | 269 | 323 | 571 |
| Income from operations | [4] | 6,033 | 7,587 | 8,522 |
| Income from other shareholdings | 36 | 27 | 31 | |
| Expenses from other shareholdings | (78) | (57) | (60) | |
| Net income from shareholdings | (42) | (30) | (29) | |
| Interest income | 174 | 177 | 226 | |
| Interest expenses | (540) | (492) | (560) | |
| Interest result |
(366) | (315) | (334) | |
| Other financial income | 32 | 39 | 70 | |
| Other financial expenses | (369) | (399) | (429) | |
| Other financial result | (337) | (360) | (359) | |
| Financial result | [10] | (745) | (705) | (722) |
| Income before income taxes | 5,288 | 6,882 | 7,800 | |
| Income taxes | [11] | (1,138) | (1,290) | (1,448) |
| Income after taxes from continuing operations | 4,150 | 5,592 | – | |
| Income after taxes from discontinued operations | [2] | 829 | 760 | – |
| Income after taxes | 4,979 | 6,352 | 6,352 | |
| Noncontrolling interests | [12] | (272) | (274) | (274) |
| Net income | 4,707 | 6,078 | 6,078 | |
| Earnings per share from continuing operations (€) | [5] | 4.29 | 5.84 | – |
| Earnings per share from discontinued operations (€) | [5] | 0.83 | 0.78 | – |
| Earnings per share (€) | [5] | 5.12 | 6.62 | 6.62 |
Dilution effect (€) |
[5] | (0.01) | (0.01) | (0.01) |
Diluted earnings per share (€) |
[5] | 5.11 | 6.61 | 6.61 |
1 Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. More information.