Covestro Group Consolidated Income Statement
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Note |
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2022 |
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2023 |
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€ million |
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€ million |
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Sales |
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17,968 |
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14,377 |
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Cost of goods sold |
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(15,404) |
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(12,071) |
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Gross profit |
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2,564 |
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2,306 |
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Selling expenses |
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(1,604) |
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(1,489) |
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Research and development expenses |
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(361) |
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(374) |
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General administration expenses |
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(353) |
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(360) |
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Other operating income1 |
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145 |
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272 |
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Other operating expenses2 |
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(124) |
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(169) |
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EBIT3 |
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267 |
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186 |
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Equity-method loss |
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(17) |
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(20) |
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Result from other affiliated companies |
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2 |
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1 |
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Interest income |
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69 |
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70 |
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Interest expense |
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(130) |
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(160) |
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Other financial result |
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(61) |
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(4) |
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Financial result |
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(137) |
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(113) |
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Income before income taxes |
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130 |
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73 |
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Income taxes |
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(411) |
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(275) |
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Income after income taxes |
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(281) |
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(202) |
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attributable to noncontrolling interest |
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(9) |
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(4) |
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attributable to Covestro AG shareholders (net income) |
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(272) |
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(198) |
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€ |
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€ |
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Basic/Diluted earnings per share4 |
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–1.42 |
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–1.05 |
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