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Consolidated Financial Statements

Consolidated income statement

Note
2016
2015
Change
Revenue
3.1
13,338
13,179
1.2 %
Cost of sales
-
-9,552
-9,448
1.1 %
Gross profit
-
3,786
3,731
1.5 %
Research and development expenses
-
-751
-673
11.6 %
Selling expenses
-
-915
-920
-0.5 %
Administrative expenses
-
-428
-407
5.2 %
Other income
3.2
41
57
-28.1 %
Other expenses
3.3
-177
-386
-54.1 %
Earnings before financial result and income taxes (EBIT)
-
1,556
1,402
11.0 %
Financial income
3.5
220
327
-32.7 %
Financial expenses
3.5
-561
-874
-35.8 %
Financial result
3.5
-341
-547
-37.7 %
Earnings before income taxes
-
1,215
855
42.1 %
Income taxes
3.6
-343
-250
37.2 %
Net income
-
872
605
44.1 %
Attributable to shareholders of the parent company
-
859
591
45.3 %
Attributable to non-controlling interests
-
13
14
-7.1 %
Earnings per common share (basic/diluted, in €)
3.7
1.29
0.88
46.6 %
Earnings per common non-voting share (basic/diluted, in €)
3.7
1.30
1.28
1.6 %

in € millions

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