Consolidated income statement

Condensed consolidated income statement

in € million

Note

2020

2019

Revenue

[8]

8,341.6

8,806.5

Cost of sales

[9]

–6,296.8

–6,474.6

Gross profit

 

2,044.8

2,331.9

 

 

 

 

Selling expenses

[9]

–915.8

–940.2

Research and development costs

[9]

–156.8

–155.3

Administrative expenses

[9]

–556.0

–546.9

Other income

[10]

93.7

69.5

Other expenses

[11]

–117.7

–54.5

(Loss) profit from equity-accounted investments

[12]

–2.2

12.1

Earnings before interest and tax

 

389.9

716.6

 

 

 

 

Financial income

[13]

113.6

105.5

Financial expenses

[14]

–201.9

–200.6

Net financial expenses

 

–88.3

–95.1

 

 

 

 

Earnings before tax

 

301.6

621.6

 

 

 

 

Income taxes

[15]

–90.7

–176.8

Current taxes

 

–145.2

–212.8

Deferred taxes

 

54.5

36.0

 

 

 

 

Net income

 

210.9

444.8

Attributable to shareholders of KION GROUP AG

 

215.3

454.8

Attributable to non-controlling interests

 

–4.4

–10.0

 

 

 

 

Earnings per share

[16]

 

 

Average number of shares (in million)

 

118.9

117.9

Basic earnings per share (in €)

 

1.81

3.86

Diluted earnings per share (in €)

 

1.81

3.86