Consolidated income statement

Revenue

[9]

4,726,664

4,368,395

Cost of sales

-3,429,914

-3,256,378

Gross profit

1,296,750

1,112,017

Selling expenses

-562,404

-520,547

Research and development costs

-124,454

-119,526

Administrative expenses

-313,190

-283,322

Other income

[10]

294,374

81,503

Other expenses

[11]

-59,530

-70,043

Profit from at-equity investments

[12]

15,912

11,192

Other financial result

[13]

2,655

1,886

Earnings before interest and taxes

550,113

213,160

Financial income

[14]

62,084

73,664

Financial expense

[15]

-301,569

-345,709

Financial result

-239,485

-272,045

Earnings before taxes

310,628

-58,885

Income taxes

[16]

-149,540

-34,041

Current taxes

-122,137

-49,349

Deferred taxes

-27,403

15,308

Net income (loss)

161,088

-92,926

Attributable to shareholders of KION Holding 1 GmbH

159,008

-95,093

Attributable to non-controlling interests

2,080

2,167