Consolidated Income Statement (IFRS)
| € in millions |
Nine Months
2011 |
Nine Months
2010 |
Change |
| |
|
|
|
| Net sales |
10,081 |
9,059 |
11.3% |
| Cost of sales |
5,226 |
4,691 |
11.4% |
| Gross profit |
4,855 |
4,368 |
11.1% |
| (% of net sales) |
48.2% |
48.2% |
(0.1pp) |
| Royalty and commission income |
64 |
72 |
(11.4%) |
| Other operating income |
50 |
91 |
(44.6%) |
| Other operating expenses |
3,996 |
3,666 |
9.0% |
| (% of net sales) |
39.6% |
40.5% |
(0.8pp) |
| Operating profit |
973 |
865 |
12.5% |
| (% of net sales) |
9.7% |
9.6% |
0.1pp |
| Financial income |
24 |
21 |
12.6% |
| Financial expenses |
97 |
87 |
10.9% |
| Income before taxes |
900 |
799 |
12.7% |
| (% of net sales) |
8.9% |
8.8% |
0.1pp |
| Income taxes |
247 |
238 |
3.9% |
| (% of income before taxes) |
27.4% |
29.7% |
(2.3pp) |
| Net income |
653 |
561 |
16.4% |
| (% of net sales) |
6.5% |
6.2% |
0.3pp |
| Net income attributable to shareholders |
652 |
560 |
16.4% |
| (% of net sales) |
6.5% |
6.2% |
0.3pp |
| Net income attributable to non-controlling interests |
1 |
1 |
(32.0%) |
| |
|
|
|
| Basic earnings per share (in €) |
3.12 |
2.68 |
16.4% |
| |
|
|
|
| Diluted earnings per share (in €) |
3.12 |
2.68 |
16.4% |
Rounding differences may arise in percentages and totals.
Download our Consolidated Income Statement as an Excel file.