Consolidated Income Statement
Consolidated Income Statement
| (m€) | FY 2014 | FY 2015 | FY 2016 | FY 2017 | |||||
| Revenues | 3.913,9 | 4.435,3 | 4.732,7 | 3.889,4 | |||||
| Total Cost of Sales | -3.375,4 | -3.855,0 | -4.074,8 | -3.174,5 | |||||
| Gross Profit | 538,5 | 580,3 | 657,9 | 714,9 | |||||
| Gross Profit Margin | 13,8% | 13,1% | 13,9% | 18,4% | |||||
| R&D according to IFRS | -75,7 | -66,5 | -71,1 | -51,8 | |||||
| SG&A | -150,3 | -159,9 | -174,8 | -179,0 | |||||
| Other operating income (expense) | -3,0 | 1,0 | 10,1 | -2,9 | |||||
| P&L of companies accounted "at equity and at cost" | 24,0 | 30,7 | 30,7 | 43,9 | |||||
| EBIT reported | 333,5 | 385,6 | 452,8 | 525,1 | |||||
| EBIT adj. | 382,7 | 440,3 | 503,0 | 576,4 | |||||
| EBIT adj.margin | 9,8% | 9,9% | 10,6% | 14,8% | |||||
| Financial Result | -54,8 | -64,8 | -37,2 | -40,0 | |||||
| Profit before tax (EBT) | 278,7 | 320,8 | 415,6 | 485,1 | |||||
| Taxes | -83,3 | -103,2 | -103,0 | -123,8 | |||||
| Net Income reported | 195,4 | 217,6 | 312,6 | 361,4 | |||||
| Net Income adj. | 253,3 | 306,9 | 345,5 | 407,7 | |||||
| EPS reported | 3,8 | 4,3 | 6,1 | 7,0 | |||||
| EPS adj. | 5,0 | 6,0 | 6,7 | 7,9 |