Condensed consolidated statement of income

The Specialty Chemicals business is reported as discontinued operations. Therefore, the results of the Specialty Chemicals business are included on the line “Profit for the period from discontinued operations” in the consolidated statement of income for 2018, as well as 2017.

Condensed consolidated statement of income

First quarter

 

 

in € millions

2017 *

2018

*

Represented to present Specialty Chemicals business as discontinued operations

Revenue

2,377

2,176

Cost of sales

(1,303)

(1,256)

Gross profit

1,074

920

SG&A costs

(866)

(812)

Other results

Operating income

208

108

Net financing income/(expenses)

(17)

19

Results from associates and joint ventures

6

4

Profit before tax

197

131

Income tax

(52)

1

Profit for the period from continuing operations

145

132

 

 

 

Profit for the period from discontinued operations

116

142

Profit for the period

261

274

 

 

 

Shareholders of the company

240

253

Non-controlling interests

21

21

Profit for the period

261

274