Covestro Group Consolidated Income Statement

(XLS:) Download

 

  

 

  

 

  

 

 

  

Note

  

20171

  

2018

 

  

 

  

€ million

  

€ million

1 Reference information has not been restated, see note 2.

2 EBIT: income after income taxes plus financial result and income tax expense

3 Weighted average number of outstanding no-par voting shares of Covestro AG in issue: 192,768,826 (previous year: 202,396,416)

Net sales

  

6

  

14,138

  

14,616

Cost of goods sold

  

 

  

(9,308)

  

(9,918)

Gross profit

  

 

  

4,830

  

4,698

Selling expenses

  

 

  

(1,352)

  

(1,408)

Research and development expenses

  

 

  

(274)

  

(276)

General administration expenses

  

 

  

(481)

  

(491)

Other operating income

  

7

  

145

  

123

Other operating expenses

  

8

  

(60)

  

(66)

EBIT²

  

 

  

2,808

  

2,580

Equity-method loss

  

 

  

(23)

  

(22)

Result from other affiliated companies

  

 

  

–

  

1

Interest income

  

 

  

21

  

35

Interest expense

  

 

  

(120)

  

(82)

Other financial result

  

 

  

(28)

  

(36)

Financial result

  

10

  

(150)

  

(104)

 

  

 

  

 

  

 

Income before income taxes

  

 

  

2,658

  

2,476

Income taxes

  

11

  

(641)

  

(647)

Income after income taxes

  

 

  

2,017

  

1,829

of which attributable to noncontrolling interest

  

 

  

8

  

6

of which attributable to Covestro AG stockholders (net income)

  

 

  

2,009

  

1,823

 

  

 

  

 

  

 

 

  

 

  

€

  

€

Basic earnings per share³

  

12

  

9.93

  

9.46

 

  

 

  

 

  

 

Diluted earnings per share³

  

12

  

9.93

  

9.46