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Consolidated statement of income


 

1st quarter

 

in € millions

2010

2011

 

 

 

Continuing operations

 

 

Revenue

3,246

3,762

Cost of sales

(1,911)

(2,269)

Gross profit

1,335

1,493

Selling expenses

(772)

(821)

General and administrative expenses

(255)

(300)

Research and development expenses

(77)

(85)

Other operating income/(expenses)

(7)

(10)

Operating income

224

277

Net financing expenses

(88)

(63)

Results from associates and joint ventures

5

7

Profit before tax

141

221

Income tax

(53)

(73)

Profit for the period from continuing operations

88

148

 

 

 

Discontinued operations

 

 

Profit for the period from discontinued operations

11

(4)

Profit for the period

99

144

 

 

 

Attributable to:

 

 

Shareholders of the company

81

128

Non-controlling interests

18

16

Profit for the period

99

144

Copyright © 2011 Akzo Nobel N.V.