Consolidated income statement

Consolidated income statement

038

in € million

Note

2016

2015

1

Last year figures were adjusted due to a change in presentation in 2016, for details see note [7] to the consolidated financial statements

Revenue

[8]

5,587.2

5,097.9

Cost of sales1

 

–4,034.6

–3,655.1

Gross profit

 

1,552.6

1,442.8

 

 

 

 

Selling expenses

 

–662.4

–618.0

Research and development costs1

 

–96.5

–89.7

Administrative expenses

 

–411.2

–355.9

Other income

[9]

87.7

99.6

Other expenses

[10]

–41.9

–66.6

Profit (loss) from equity-accounted investments

[11]

6.5

10.6

Earnings before interest and taxes

 

434.8

422.8

 

 

 

 

Financial income

[12]

88.9

51.4

Financial expenses

[13]

–184.5

–144.0

Net financial expenses

 

–95.7

–92.6

Earnings before taxes

 

339.2

330.2

 

 

 

 

Income taxes

[14]

–93.1

–109.2

Current taxes

 

–86.2

–132.5

Deferred taxes

 

–6.9

23.3

 

 

 

 

Net income

 

246.1

221.1

Attributable to shareholders of KION GROUP AG

 

245.5

217.1

Attributable to non-controlling interests

 

0.5

3.9

 

 

 

 

Earnings per share according to IAS 33 (in €)

[16]

 

 

Basic earnings per share

 

2.38

2.20

Diluted earnings per share

 

2.38

2.20