Consolidated income statement

Condensed consolidated income statement
in € million	Note	2021	2020
Revenue	[8]	10,294.3	8,341.6
Cost of sales	[9]	–7,770.7	–6,296.8
Gross profit		2,523.6	2,044.8

Selling expenses	[9]	–970.2	–915.8
Research and development costs	[9]	–174.7	–156.8
Administrative expenses	[9]	–615.0	–556.0
Other income	[10]	99.4	93.7
Other expenses	[11]	–81.4	–117.7
Profit (loss) from equity-accounted investments	[12]	13.1	–2.2
Earnings before interest and tax		794.8	389.9

Financial income	[13]	121.1	113.6
Financial expenses	[14]	–156.2	–201.9
Net financial expenses		–35.1	–88.3

Earnings before tax		759.7	301.6

Income taxes	[15]	–191.7	–90.7
Current taxes		–203.8	–145.2
Deferred taxes		12.1	54.5

Net income		568.0	210.9
Attributable to shareholders of KION GROUP AG		568.3	215.3
Attributable to non-controlling interests		–0.3	–4.4

Earnings per share	[16]
Average number of shares (in million)		131.1	118.9
Basic earnings per share (in €)		4.34	1.81
Diluted earnings per share (in €)		4.33	1.81