Covestro Group Consolidated Income Statement
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2nd quarter |
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2nd quarter |
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1st half |
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1st half |
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€ million |
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€ million |
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€ million |
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€ million |
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Sales |
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3,956 |
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4,703 |
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7,263 |
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9,386 |
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Cost of goods sold |
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(2,813) |
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(3,783) |
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(5,074) |
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(7,280) |
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Gross profit |
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1,143 |
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920 |
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2,189 |
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2,106 |
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Selling expenses |
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(357) |
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(409) |
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(670) |
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(797) |
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Research and development expenses |
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(87) |
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(96) |
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(160) |
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(190) |
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General administration expenses |
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(105) |
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(96) |
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(203) |
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(189) |
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Other operating income |
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40 |
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16 |
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52 |
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34 |
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Other operating expenses |
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(27) |
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(28) |
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(45) |
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(68) |
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EBIT1 |
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607 |
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307 |
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1,163 |
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896 |
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Equity-method loss |
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(4) |
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(6) |
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(7) |
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(10) |
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Result from other affiliated companies |
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– |
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– |
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1 |
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– |
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Interest income |
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9 |
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22 |
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15 |
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37 |
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Interest expense |
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(22) |
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(34) |
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(41) |
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(57) |
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Other financial result |
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(1) |
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(26) |
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(15) |
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(42) |
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Financial result |
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(18) |
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(44) |
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(47) |
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(72) |
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Income before income taxes |
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589 |
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263 |
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1,116 |
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824 |
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Income taxes |
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(139) |
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(65) |
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(271) |
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(209) |
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Income after income taxes |
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450 |
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198 |
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845 |
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615 |
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of which attributable to noncontrolling interest |
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1 |
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(1) |
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3 |
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– |
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of which attributable to Covestro AG shareholders (net income) |
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449 |
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199 |
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842 |
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615 |
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€ |
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€ |
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€ |
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€ |
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Basic earnings per share2 |
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2.32 |
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1.04 |
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4.36 |
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3.20 |
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Diluted earnings per share2 |
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2.32 |
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1.04 |
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4.36 |
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3.20 |
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