Consolidated Income Statement (IFRS)
| € in millions |
First Quarter
2013 |
First Quarter
2012 |
Change |
| |
|
|
|
| Net sales |
3,751 |
3,824 |
(1.9%) |
| Cost of sales |
1,870 |
1,998 |
(6.4%) |
| Gross profit |
1,881 |
1,826 |
3.0% |
| (% of net sales) |
50.1% |
47.7% |
2.4pp |
| Royalty and commission income |
25 |
25 |
1.2% |
| Other operating income |
18 |
25 |
(28.0%) |
| Other operating expenses |
1,482 |
1,467 |
1.1% |
| (% of net sales) |
39.5% |
38.4% |
1.2pp |
| Operating profit |
442 |
409 |
8.1% |
| (% of net sales) |
11.8% |
10.7% |
1.1pp |
| Financial income |
4 |
8 |
(46.9%) |
| Financial expenses |
19 |
28 |
(30.5%) |
| Income before taxes |
427 |
389 |
9.6% |
| (% of net sales) |
11.4% |
10.2% |
1.2pp |
| Income taxes |
118 |
99 |
18.1% |
| (% of income before taxes) |
27.5% |
25.5% |
2.0pp |
| Net income |
309 |
290 |
6.7% |
| (% of net sales) |
8.3% |
7.6% |
0.7pp |
| Net income attributable to shareholders |
308 |
289 |
6.5% |
| (% of net sales) |
8.2% |
7.6% |
0.6pp |
| Net income attributable to non-controlling interests |
1 |
1 |
117.3% |
| |
|
|
|
| Basic earnings per share (in €) |
1.47 |
1.38 |
6.5% |
| |
|
|
|
| Diluted earnings per share (in €) |
1.47 |
1.38 |
6.5% |
Rounding differences may arise in percentages and totals
Download our Consolidated Income Statement as an Excel file.