Consolidated income statement

Consolidated income statement			035
in € million	Note	2015	2014
Revenue	[8]	5,097.9	4,677.9
Cost of sales		−3,601.7	−3,337.4
Gross profit		1,496.2	1,340.5

Selling expenses		−618.0	−570.5
Research and development costs		−143.0	−125.7
Administrative expenses		−355.9	−323.6
Other income	[9]	99.6	93.2
Other expenses	[10]	−66.6	−42.1
Profit (loss) from equity-accounted investments	[11]	10.6	−24.8
Earnings before interest and taxes		422.8	347.0

Financial income	[12]	51.4	84.4
Financial expenses	[13]	−144.0	−173.2
Net financial expenses		−92.6	−88.8
Earnings before taxes		330.2	258.3

Income taxes	[14]	−109.2	−80.0
Current taxes		−132.5	−63.5
Deferred taxes		23.3	−16.5

Net income		221.1	178.2
Attributable to shareholders of KION GROUP AG		217.1	176.7
Attributable to non-controlling interests		3.9	1.6

Earnings per share according to IAS 33 (in €)	[16]
Basic earnings per share		2.20	1.79
Diluted earnings per share		2.20	1.79

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