Covestro Group Consolidated Income Statement
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3rd quarter 2020 |
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3rd quarter 2021 |
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1st nine months 2020 |
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1st nine months 2021 |
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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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2,760 |
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4,302 |
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7,699 |
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11,565 |
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Cost of goods sold |
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(2,057) |
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(3,066) |
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(6,106) |
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(8,140) |
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Gross profit |
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703 |
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1,236 |
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1,593 |
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3,425 |
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Selling expenses |
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(294) |
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(375) |
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(883) |
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(1,045) |
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Research and development expenses |
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(63) |
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(95) |
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(187) |
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(255) |
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General administration expenses |
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(79) |
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(104) |
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(239) |
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(307) |
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Other operating income |
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9 |
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14 |
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26 |
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66 |
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Other operating expenses |
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(11) |
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(22) |
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(46) |
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(67) |
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EBIT1 |
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265 |
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654 |
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264 |
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1,817 |
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Equity-method loss |
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(3) |
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(4) |
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(11) |
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(11) |
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Result from other affiliated companies |
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1 |
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– |
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1 |
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1 |
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Interest income |
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4 |
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9 |
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19 |
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24 |
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Interest expense |
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(20) |
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(18) |
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(57) |
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(59) |
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Other financial result |
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(4) |
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(7) |
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(30) |
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(22) |
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Financial result |
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(22) |
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(20) |
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(78) |
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(67) |
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Income before income taxes |
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243 |
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634 |
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186 |
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1,750 |
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Income taxes |
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(63) |
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(161) |
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(38) |
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(432) |
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Income after income taxes |
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180 |
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473 |
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148 |
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1,318 |
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of which attributable to noncontrolling interest |
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1 |
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1 |
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1 |
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4 |
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of which attributable to Covestro AG shareholders (net income) |
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179 |
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472 |
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147 |
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1,314 |
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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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0.98 |
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2.44 |
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0.80 |
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6.80 |
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Diluted earnings per share2 |
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0.98 |
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2.44 |
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0.80 |
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6.80 |
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