Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 101
ALTANA Group Consolidated Income Statement
Notes 2016 2017
in € thousand
Net sales 4 2,075,309 2,246,956
Cost of sales 5 (1,236,993) (1,371,573)
Gross profit 838,316 875,383
Selling and distribution expenses 6 (271,341) (288,653)
Research and development expenses (129,328) (142,484)
General administration expenses (115,657) (118,466)
Other operating income 7 14,062 23,498
Other operating expenses 8 (7,359) (13,359)
Operating income (EBIT) 328,693 335,919
Financial income 9 7,741 7,092
Financial expenses 10 (16,367) (15,684)
Financial result (8,626) (8,592)
Income from at equity accounted investments (20,307) (21,301)
Income before income taxes (EBT) 299,760 306,026
Income taxes 11 (89,669) (71,382)
Net income (EAT) 210,091 234,644
thereof attributable to non-controlling interests 1,800 1,829
thereof attributable to the shareholder of ALTANA AG 208,291 232,815