Covestro Group Consolidated Income Statement

 

 

 

 

 

 

 

 

 

Note

 

20181

 

2019

 

 

 

 

€ million

 

€ million

1

Reference information was not restated, see note 2.1 “Financial reporting standards applied for the first time in the reporting period.”

2

EBIT: income after income taxes plus financial result and income taxes

3

Weighted average number of outstanding no-par voting shares of Covestro AG in issue: 182,728,724 (previous year: 192,768,826)

 

 

 

 

 

 

Sales

 

6

 

14,616

 

12,412

Cost of goods sold

 

 

 

(9,918)

 

(9,658)

Gross profit

 

 

 

4,698

 

2,754

Selling expenses

 

 

 

(1,408)

 

(1,380)

Research and development expenses

 

 

 

(276)

 

(266)

General administration expenses

 

 

 

(491)

 

(372)

Other operating income

 

7

 

123

 

181

Other operating expenses

 

8

 

(66)

 

(65)

EBIT2

 

 

 

2,580

 

852

Equity-method loss

 

 

 

(22)

 

(22)

Result from other affiliated companies

 

 

 

1

 

2

Interest income

 

 

 

35

 

40

Interest expense

 

 

 

(82)

 

(85)

Other financial result

 

 

 

(36)

 

(26)

Financial result

 

10

 

(104)

 

(91)

 

 

 

 

 

 

 

Income before income taxes

 

 

 

2,476

 

761

Income taxes

 

11

 

(647)

 

(204)

Income after income taxes

 

 

 

1,829

 

557

of which attributable to noncontrolling interest

 

 

 

6

 

5

of which attributable to Covestro AG stockholders (net income)

 

 

 

1,823

 

552

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share3

 

12

 

9.46

 

3.02

 

 

 

 

 

 

 

Diluted earnings per share3

 

12

 

9.46

 

3.02