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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4,703 |
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3,720 |
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9,386 |
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7,463 |
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Cost of goods sold |
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(3,783) |
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(3,022) |
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(7,280) |
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(6,146) |
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Gross profit |
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920 |
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698 |
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2,106 |
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1,317 |
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Selling expenses |
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(409) |
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(385) |
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(797) |
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(764) |
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Research and development expenses |
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(96) |
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(93) |
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(190) |
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(198) |
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General administration expenses |
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(96) |
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(92) |
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(189) |
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(179) |
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Other operating income |
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16 |
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133 |
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34 |
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148 |
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Other operating expenses |
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(28) |
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(95) |
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(68) |
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(119) |
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EBIT1 |
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307 |
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166 |
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896 |
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205 |
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Equity-method loss |
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(6) |
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(5) |
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(10) |
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(12) |
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Interest income |
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22 |
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17 |
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37 |
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34 |
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Interest expense |
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(34) |
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(42) |
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(57) |
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(83) |
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Other financial result |
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(26) |
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(6) |
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(42) |
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(4) |
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Financial result |
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(44) |
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(36) |
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(72) |
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(65) |
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Income before income taxes |
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263 |
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130 |
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824 |
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140 |
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Income taxes |
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(65) |
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(85) |
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(209) |
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(122) |
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Income after income taxes |
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198 |
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45 |
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615 |
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18 |
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attributable to noncontrolling interest |
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(1) |
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(1) |
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– |
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(2) |
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attributable to Covestro AG shareholders (net income) |
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199 |
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46 |
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615 |
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20 |
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€ |
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€ |
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€ |
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€ |
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Basic/Diluted earnings per share2 |
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1.04 |
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0.24 |
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3.20 |
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0.11 |
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