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Consolidated Financial Statements

Consolidated income statement

Note
2017
2016
Change
Revenue
3.1
14,021
13,338
5.1 %
Cost of sales
-
-10,175
-9,552
6.5 %
Gross profit
-
3,846
3,786
1.6 %
Research and development expenses
-
-846
-751
12.6 %
Selling expenses
-
-970
-915
6.0 %
Administrative expenses
-
-443
-428
3.5 %
Other income
3.2
82
41
100 %
Other expenses
3.3
-141
-177
-20.3 %
Earnings before financial result and income taxes (EBIT)
-
1,528
1,556
-1.8 %
Financial income
3.5
108
220
-50.9 %
Financial expenses
3.5
-300
-561
-46.5 %
Financial result
3.5
-192
-341
-43.7 %
Earnings before income taxes
-
1,336
1,215
10.0 %
Income taxes
3.6
-339
-343
-1.2 %
Net income
-
997
872
14.3 %
Attributable to shareholders of the parent company
-
980
859
14.1 %
Attributable to non-controlling interests
-
17
13
30.8 %
Earnings per common share (basic/diluted, in €)
3.7
1.47
1.29
14.0 %
Earnings per common non-voting share (basic/diluted, in €)
3.7
1.48
1.30
13.8 %

in € millions

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