Covestro Group Consolidated Income Statement
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1st quarter 20181 |
1st quarter 2019 |
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€ million |
€ million |
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Sales |
3,779 |
3,175 |
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Cost of goods sold |
(2,348) |
(2,407) |
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Gross profit |
1,431 |
768 |
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Selling expenses |
(344) |
(344) |
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Research and development expenses |
(68) |
(68) |
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General administration expenses |
(115) |
(96) |
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Other operating income |
12 |
22 |
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Other operating expenses |
(9) |
(18) |
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EBIT2 |
907 |
264 |
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Equity-method loss |
(4) |
(6) |
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Result from other affiliated companies |
– |
1 |
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Interest income |
5 |
10 |
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Interest expense |
(20) |
(23) |
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Other financial result |
(9) |
(5) |
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Financial result |
(28) |
(23) |
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Income before income taxes |
879 |
241 |
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Income taxes |
(233) |
(61) |
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Income after income taxes |
646 |
180 |
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of which attributable to noncontrolling interest |
2 |
1 |
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of which attributable to Covestro AG stockholders (net income) |
644 |
179 |
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€ |
€ |
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Basic earnings per share3 |
3.24 |
0.98 |
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Diluted earnings per share3 |
3.24 |
0.98 |
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