Change

In € millions

 

Note

 

 

 

2010

 

 

 

2011

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

 

14,640

 

 

 

15,697

 

 

Cost of sales

 

 

 

(8,672)

 

 

 

(9,670)

 

 

Gross profit

 

 

 

 

 

5,968

 

 

 

6,027

Selling expenses

 

 

 

(3,341)

 

 

 

(3,407)

 

 

General and administrative expenses

 

 

 

(1,103)

 

 

 

(1,229)

 

 

Research and development expenses

 

 

 

(334)

 

 

 

(356)

 

 

Other operating income/(expenses)

 

4

 

29

 

 

 

7

 

 

 

 

 

 

 

 

(4,749)

 

 

 

(4,985)

Operating income

 

 

 

 

 

1,219

 

 

 

1,042

Financing income

 

5

 

51

 

 

 

57

 

 

Financing expenses related to pensions

 

5

 

(100)

 

 

 

(59)

 

 

Other financing expenses

 

5

 

(278)

 

 

 

(336)

 

 

Results from associates and joint ventures

 

11

 

25

 

 

 

23

 

 

Profit before tax

 

 

 

 

 

917

 

 

 

727

Income tax

 

6

 

 

 

(170)

 

 

 

(194)

Profit from continuing operations

 

 

 

 

 

747

 

 

 

533

 

 

 

 

 

 

 

 

 

 

 

Discontinued operations

 

 

 

 

 

 

 

 

 

 

Profit for the period from discontinued operations

 

7

 

 

 

90

 

 

 

8

Profit for the period

 

 

 

 

 

837

 

 

 

541

 

 

 

 

 

 

 

 

 

 

 

Attributable to

 

 

 

 

 

 

 

 

 

 

Shareholders of the company

 

 

 

 

 

754

 

 

 

477

Non-controlling interests

 

 

 

 

 

83

 

 

 

64

Profit for the period

 

 

 

 

 

837

 

 

 

541

 

 

 

 

 

 

 

 

 

 

 

Earnings per share, in €

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

 

 

 

 

 

 

 

 

Basic

 

16

 

 

 

2.85

 

 

 

2.01

Diluted

 

16

 

 

 

2.83

 

 

 

1.99

Discontinued operations

 

 

 

 

 

 

 

 

 

 

Basic

 

16

 

 

 

0.38

 

 

 

0.03

Diluted

 

16

 

 

 

0.38

 

 

 

0.03

Total operations

 

 

 

 

 

 

 

 

 

 

Basic

 

16

 

 

 

3.23

 

 

 

2.04

Diluted

 

16

 

 

 

3.21

 

 

 

2.02

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