Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 101
ALTANA Group Consolidated Income Statement
Notes 2018 2019
in € thousand
Net sales 4 2,307,399 2,248,943
Cost of sales 5 (1,463,627) (1,424,750)
Gross profit 843,772 824,193
Selling and distribution expenses 6 (291,228) (290,285)
Research and development expenses (154,127) (165,572)
General administration expenses (108,571) (105,090)
Other operating income 7 16,737 14,250
Other operating expenses 8 (10,825) (15,011)
Operating income (EBIT) 295,758 262,485
Financial income 9 4,898 19,871
Financial expenses 10 (12,110) (11,983)
Financial result (7,212) 7,888
Income from at equity accounted investments (24,460) (39,090)
Income before income taxes (EBT) 264,086 231,283
Income taxes 11 (77,097) (62,234)
Net income (EAT) 186,989 169,049
thereof attributable to non-controlling interests 1,975 1,620
thereof attributable to the shareholder of ALTANA AG 185,014 167,429