Consolidated income statement

Consolidated income statement

038

in € million

Note

2018

2017*

*

Consolidated income statement for 2017 was restated due to the initial application of IFRS 15 and IFRS 16

Revenue

[7]

7,995.7

7,598.1

Cost of sales

 

–5,898.1

–5,643.3

Gross profit

 

2,097.6

1,954.8

 

 

 

 

Selling expenses

 

–885.5

–827.5

Research and development costs

 

–137.7

–137.0

Administrative expenses

 

–467.1

–447.6

Other income

[8]

86.5

75.8

Other expenses

[9]

–63.3

–71.1

Profit (loss) from equity-accounted investments

[10]

12.2

13.6

Earnings before interest and taxes

 

642.8

561.0

 

 

 

 

Financial income

[11]

99.9

132.8

Financial expenses

[12]

–197.3

–229.2

Net financial expenses

 

–97.4

–96.3

Earnings before taxes

 

545.3

464.7

 

 

 

 

Income taxes

[13]

–143.7

–42.2

Current taxes

 

–166.5

–184.9

Deferred taxes

 

22.9

142.7

 

 

 

 

Net income

 

401.6

422.5

Attributable to shareholders of KION GROUP AG

 

399.9

420.9

Attributable to non-controlling interests

 

1.8

1.6

 

 

 

 

Earnings per share (in €)

[15]

 

 

Basic earnings per share

 

3.39

3.68

Diluted earnings per share

 

3.39

3.68