Statement of Income

January 1 to December 31

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€ million

 

Notes

 

2019

 

2018

 

 

 

 

 

 

 

Sales

 

01

 

4,927.6

 

4,978.8

Cost of goods sold

 

02

 

-4,124.4

 

-4,104.1

Gross profit from sales

 

 

 

803.2

 

874.7

 

 

 

 

 

 

 

Selling expenses

 

 

 

-314.5

 

-303.5

Research and development expenses

 

 

 

-173.3

 

-164.6

General administrative expenses

 

 

 

-145.6

 

-159.7

Other operating income

 

02

 

97.0

 

96.0

Other operating expenses

 

02

 

-857.4

 

-85.0

Operating result

 

 

 

-590.6

 

257.9

 

 

 

 

 

 

 

Result from investments in joint ventures and associates

 

03

 

54.3

 

131.7

Other investment income

 

03

 

 

EBIT (earnings before interest and taxes)

 

 

 

-536.3

 

389.6

 

 

 

 

 

 

 

Interest income

 

03

 

10.6

 

8.0

Interest expenses

 

03

 

-20.3

 

-22.1

Other financial result

 

03

 

-45.2

 

-51.1

Financial result

 

 

 

-54.9

 

-65.2

 

 

 

 

 

 

 

Income before income taxes

 

 

 

-591.2

 

324.4

 

 

 

 

 

 

 

Income taxes

 

04

 

-38.4

 

-64.3

Net income for the year

 

 

 

-629.6

 

260.1

 

 

 

 

 

 

 

Of which

 

 

 

 

 

 

Attributable to Wacker Chemie AG shareholders

 

 

 

-642.6

 

246.1

Attributable to non-controlling interests

 

12

 

13.0

 

14.0

 

 

 

 

 

 

 

Earnings per common share (€) (basic/diluted)

 

19

 

-12.94

 

4.95

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