Consolidated Income Statement

Consolidated Income Statement

(in € million)2014201520162017
Revenues3,913.94,435.34,732.75,036.3
Cost of sales-3,375.4-3,855.0-4,074.8-4,266.4
Gross profit538.5580.3657.9769.9
(in % of revenues)13.8 %13.1 %13.9%15.3%
R&D expenses-75.7-66.5-71.1-76.6
Selling expenses-87.7-94.3-104.0102.2
General administrative expenses-62.6-65.6-70.8-76.8
Other operating income and expenses21.031.740.841.0
Earnings before interest and tax (EBIT)333.5385.6452.8555.3
Financial result-54.8-64.8-37.2-40.0
Earnings before tax278.7320.8415.6515.3
Income taxes-83.3-103.2-103.0-133.5
Net income195.4217.6312.6381.8
Earnings per share in €3.844.266.097.35