Covestro Group Consolidated Income Statement
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1st quarter 2022 |
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1st quarter 2023 |
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€ million |
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€ million |
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Sales |
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4,683 |
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3,743 |
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Cost of goods sold |
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(3,497) |
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(3,124) |
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Gross profit |
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1,186 |
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619 |
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Selling expenses |
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(388) |
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(379) |
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Research and development expenses |
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(94) |
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(105) |
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General administration expenses |
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(93) |
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(87) |
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Other operating income |
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18 |
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15 |
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Other operating expenses |
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(40) |
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(24) |
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EBIT1 |
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589 |
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39 |
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Equity-method loss |
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(4) |
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(7) |
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Interest income |
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15 |
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17 |
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Interest expense |
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(23) |
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(41) |
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Other financial result |
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(16) |
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2 |
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Financial result |
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(28) |
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(29) |
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Income before income taxes |
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561 |
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10 |
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Income taxes |
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(144) |
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(37) |
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Income after income taxes |
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417 |
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(27) |
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attributable to noncontrolling interest |
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1 |
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(1) |
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attributable to Covestro AG shareholders (net income) |
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416 |
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(26) |
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€ |
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€ |
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Basic earnings per share2 |
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2.15 |
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(0.14) |
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Diluted earnings per share2 |
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2.15 |
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(0.14) |
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