Statement of Income
January 1 to December 31
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€ million |
Notes |
2018 |
2017* |
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Sales |
4,978.8 |
4,924.2 |
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Cost of goods sold |
-4,104.1 |
-3,969.8 |
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Gross profit from sales |
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874.7 |
954.4 |
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Selling expenses |
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-303.5 |
-292.4 |
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Research and development expenses |
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-164.6 |
-153.1 |
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General administrative expenses |
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-159.7 |
-148.5 |
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Other operating income |
96.0 |
84.2 |
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Other operating expenses |
-85.0 |
-64.8 |
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Operating result |
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257.9 |
379.8 |
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Result from investments in joint ventures and associates |
131.7 |
42.0 |
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Other investment income |
– |
1.9 |
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EBIT (earnings before interest and taxes) |
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389.6 |
423.7 |
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Interest income |
8.0 |
7.5 |
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Interest expenses |
-22.1 |
-38.3 |
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Other financial result |
-51.1 |
-65.5 |
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Financial result |
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-65.2 |
-96.3 |
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Income from continuing operations before income taxes |
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324.4 |
327.4 |
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Income taxes |
-64.3 |
-77.3 |
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Net income from continuing operations |
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260.1 |
250.1 |
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Net income from discontinued operations |
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– |
634.7 |
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Net income for the year |
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260.1 |
884.8 |
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Of which |
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Attributable to Wacker Chemie AG shareholders |
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246.1 |
866.7 |
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Attributable to non-controlling interests |
14.0 |
18.1 |
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Earnings per common share |
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Earnings per common share (€) from continuing operations |
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4.95 |
4.85 |
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Earnings per common share (€) from discontinued operations |
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– |
12.60 |
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Earnings per common share (€) (basic / diluted) |
4.95 |
17.45 |