Statement of Income
January 1 to December 31
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€ million |
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Notes |
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2020 |
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2019 |
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Sales |
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4,692.2 |
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4,927.6 |
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Cost of goods sold |
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-3,822.3 |
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-4,124.4 |
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Gross profit from sales |
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869.9 |
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803.2 |
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Selling expenses |
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-290.6 |
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-314.5 |
Research and development expenses |
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-156.6 |
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-173.3 |
General administrative expenses |
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-139.5 |
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-145.6 |
Other operating income |
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85.5 |
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97.0 |
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Other operating expenses |
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-142.9 |
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-857.4 |
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Operating result |
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225.8 |
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-590.6 |
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Result from investments in joint ventures and associates |
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34.9 |
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54.3 |
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Other investment income |
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2.1 |
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– |
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EBIT (earnings before interest and taxes) |
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262.8 |
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-536.3 |
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Interest income |
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8.1 |
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10.6 |
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Interest expenses |
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-22.0 |
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-20.3 |
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Other financial result |
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-31.0 |
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-45.2 |
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Financial result |
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-44.9 |
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-54.9 |
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Income before income taxes |
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217.9 |
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-591.2 |
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Income taxes |
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-15.6 |
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-38.4 |
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Net income for the year |
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202.3 |
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-629.6 |
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Of which |
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Attributable to Wacker Chemie AG shareholders |
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189.2 |
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-642.6 |
Attributable to non-controlling interests |
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13.1 |
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13.0 |
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Earnings per common share (€) (basic/diluted) |
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3.81 |
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-12.94 |
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