Statement of Income
January 1 to December 31
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€ million |
Notes |
2019 |
2018 |
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Sales |
4,927.6 |
4,978.8 |
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Cost of goods sold |
-4,124.4 |
-4,104.1 |
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Gross profit from sales |
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803.2 |
874.7 |
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Selling expenses |
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-314.5 |
-303.5 |
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Research and development expenses |
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-173.3 |
-164.6 |
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General administrative expenses |
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-145.6 |
-159.7 |
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Other operating income |
97.0 |
96.0 |
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Other operating expenses |
-857.4 |
-85.0 |
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Operating result |
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-590.6 |
257.9 |
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Result from investments in joint ventures and associates |
54.3 |
131.7 |
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Other investment income |
– |
– |
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EBIT (earnings before interest and taxes) |
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-536.3 |
389.6 |
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Interest income |
10.6 |
8.0 |
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Interest expenses |
-20.3 |
-22.1 |
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Other financial result |
-45.2 |
-51.1 |
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Financial result |
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-54.9 |
-65.2 |
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Income before income taxes |
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-591.2 |
324.4 |
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Income taxes |
-38.4 |
-64.3 |
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Net income for the year |
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-629.6 |
260.1 |
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Of which |
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Attributable to Wacker Chemie AG shareholders |
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-642.6 |
246.1 |
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Attributable to non-controlling interests |
13.0 |
14.0 |
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Earnings per common share (€) (basic/diluted) |
-12.94 |
4.95 |