LANXESS Group Income Statement
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€ million | Q2 2011 | Q2 2012 | H1 2011 | H1 2012 |
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Sales | 2,243 | 2,424 | 4,316 | 4,812 |
Cost of sales | (1,704) | (1,833) | (3,255) | (3,629) |
Gross profit | 539 | 591 | 1,061 | 1,183 |
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Selling expenses | (187) | (195) | (357) | (381) |
Research and development expenses | (34) | (53) | (65) | (98) |
General administration expenses | (74) | (84) | (144) | (156) |
Other operating income | 58 | 50 | 101 | 84 |
Other operating expenses | (47) | (58) | (95) | (104) |
Operating result (EBIT) | 255 | 251 | 501 | 528 |
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Income from investments accounted for using the equity method | 7 | 3 | 12 | 6 |
Interest income | 3 | 2 | 5 | 4 |
Interest expense | (25) | (26) | (47) | (51) |
Other financial income and expense | (8) | (2) | (20) | (10) |
Financial result | (23) | (23) | (50) | (51) |
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Income before income taxes | 232 | 228 | 451 | 477 |
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Income taxes | (51) | (51) | (103) | (107) |
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Income after income taxes | 181 | 177 | 348 | 370 |
of which attributable to non-controlling interests | 0 | 1 | 1 | 1 |
of which attributable to LANXESS AG stockholders (net income) | 181 | 176 | 347 | 369 |
Earnings per share (undiluted/diluted) (€) | 2.17 | 2.11 | 4.17 | 4.43 |