Consolidated income statement

Consolidated income statement			033
in € million	Note	2014	2013
Revenue	[8]	4,677.9	4,494.6
Cost of sales		−3,337.4	−3,255.2
Gross profit		1,340.5	1,239.4

Selling expenses		−570.5	−538.2
Research and development costs		−125.7	−113.6
Administrative expenses		−323.6	−290.0
Other income	[9]	93.2	121.7
Other expenses	[10]	−42.1	−46.7
Profit from at-equity investments	[11]	−24.8	1.7
Earnings before interest and taxes		347.0	374.2

Financial income	[12]	84.4	48.5
Financial expenses	[13]	−173.2	−268.4
Net financial expenses		−88.8	−219.8
Earnings before taxes		258.3	154.3

Income taxes	[14]	−80.0	−15.9
Current taxes		−63.5	−59.0
Deferred taxes		−16.5	43.1

Net income		178.2	138.4
Attributable to shareholders of KION GROUP AG		176.7	138.8
Attributable to non-controlling interests		1.6	−0.4

Earnings per share according to IAS 33 (in €)	[16]
Basic earnings per share		1.79	1.69
Earnings per share – diluted		1.79	1.69

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