Annual Report 2023

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Creating tomorrow’s solutions

Statement of Income

January 1 to December 31

 

 

 

 

 

€ million

 

Notes

 

2023

 

2022

 

 

 

 

 

 

 

Sales

 

01

 

6,402.2

 

8,209.3

Cost of goods sold

 

02

 

-5,319.2

 

-6,048.5

Gross profit from sales

 

 

 

1,083.0

 

2,160.8

 

 

 

 

 

 

 

Selling expenses

 

 

 

-337.5

 

-342.5

Research and development expenses

 

 

 

-184.1

 

-178.4

General administrative expenses

 

 

 

-177.5

 

-183.2

Other operating income

 

02

 

127.0

 

176.6

Other operating expenses

 

02

 

-157.2

 

-156.2

Operating result

 

 

 

353.7

 

1,477.1

 

 

 

 

 

 

 

Result from investments in joint ventures and associates

 

03

 

49.3

 

200.9

Other investment income

 

03

 

1.9

 

0.8

EBIT (earnings before interest and taxes)

 

 

 

404.9

 

1,678.8

 

 

 

 

 

 

 

Interest income

 

03

 

48.1

 

10.1

Interest expenses

 

03

 

-40.3

 

-28.6

Other financial income

 

03

 

93.9

 

131.1

Other financial expenses

 

03

 

-119.6

 

-175.2

Financial result

 

 

 

-17.9

 

-62.6

 

 

 

 

 

 

 

Income before income taxes

 

 

 

387.0

 

1,616.2

 

 

 

 

 

 

 

Income taxes

 

04

 

-59.7

 

-334.6

Net income for the year

 

 

 

327.3

 

1,281.6

Of which

 

 

 

 

 

 

Attributable to Wacker Chemie AG shareholders

 

 

 

313.6

 

1,251.0

Attributable to non-controlling interests

 

12

 

13.7

 

30.6

 

 

 

 

 

 

 

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

 

19

 

6.31

 

25.18