Covestro Group Consolidated Income Statement

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Note

  

20181

  

2019

 

  

 

  

€ million

  

€ million

1

Reference information was not restated, see note 2.1 “Financial reporting standards applied for the first time in the reporting period.”

2

EBIT: income after income taxes plus financial result and income taxes

3

Weighted average number of outstanding no-par voting shares of Covestro AG in issue: 182,728,724 (previous year: 192,768,826)

 

 

 

 

 

 

Sales

  

6

  

14,616

  

12,412

Cost of goods sold

  

 

  

(9,918)

  

(9,658)

Gross profit

  

 

  

4,698

  

2,754

Selling expenses

  

 

  

(1,408)

  

(1,380)

Research and development expenses

  

 

  

(276)

  

(266)

General administration expenses

  

 

  

(491)

  

(372)

Other operating income

  

7

  

123

  

181

Other operating expenses

  

8

  

(66)

  

(65)

EBIT2

  

 

  

2,580

  

852

Equity-method loss

  

 

  

(22)

  

(22)

Result from other affiliated companies

  

 

  

1

  

2

Interest income

  

 

  

35

  

40

Interest expense

  

 

  

(82)

  

(85)

Other financial result

  

 

  

(36)

  

(26)

Financial result

  

10

  

(104)

  

(91)

 

  

 

  

 

  

 

Income before income taxes

  

 

  

2,476

  

761

Income taxes

  

11

  

(647)

  

(204)

Income after income taxes

  

 

  

1,829

  

557

of which attributable to noncontrolling interest

  

 

  

6

  

5

of which attributable to Covestro AG stockholders (net income)

  

 

  

1,823

  

552

 

  

 

  

 

  

 

 

  

 

  

€

  

€

Basic earnings per share3

  

12

  

9.46

  

3.02

 

  

 

  

 

  

 

Diluted earnings per share3

  

12

  

9.46

  

3.02