Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 109
ALTANA Group Consolidated Income Statement
Notes 2020 2021
in € thousand
Net sales 4 2,178,160 2,666,539
Cost of sales 5 (1,357,135) (1,722,839)
Gross profit 821,025 943,700
Selling and distribution expenses (284,838) (332,983)
Research and development expenses (163,365) (179,672)
General administration expenses (104,805) (118,561)
Other operating income 6 11,800 16,503
Other operating expenses 7 (94,076) (6,146)
Operating income (EBIT) 185,741 322,841
Financial income 8 4,677 8,124
Financial expenses 9 (8,827) (10,088)
Financial result (4,150) (1,964)
Income from at equity accounted investments (38,900) (45,833)
Income before income taxes (EBT) 142,691 275,044
Income taxes 10 (67,544) (79,857)
Net income (EAT) 75,147 195,187
thereof attributable to non-controlling interests 1,872 1,889
thereof attributable to the shareholder of ALTANA AG 73,275 193,298