Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 101
ALTANA Group Consolidated Income Statement
Notes 2017 2018
in € thousand
Net sales 4 2,246,956 2,307,399
Cost of sales 5 (1,371,573) (1,463,627)
Gross profit 875,383 843,772
Selling and distribution expenses 6 (288,653) (291,228)
Research and development expenses (142,484) (154,127)
General administration expenses (118,466) (108,571)
Other operating income 7 23,498 16,737
Other operating expenses 8 (13,359) (10,825)
Operating income (EBIT) 335,919 295,758
Financial income 9 7,092 4,898
Financial expenses 10 (15,684) (12,110)
Financial result (8,592) (7,212)
Income from at equity accounted investments (21,301) (24,460)
Income before income taxes (EBT) 306,026 264,086
Income taxes 11 (71,382) (77,097)
Net income (EAT) 234,644 186,989
thereof attributable to non-controlling interests 1,829 1,975
thereof attributable to the shareholder of ALTANA AG 232,815 185,014