Income Statement

Sales

2,022.8

1,756.9

15.1

Royalty and commission income*

76.1

101.5

–25.1

Total revenues

2,098.9

1,858.5

12.9

Cost of sales

–486.6

–456.7

6.5

Gross margin

1,612.2

1,401.7

15.0

Marketing and selling expenses*

–468.2

–453.9

3.2

Royalty and commission expenses

–122.2

–97.3

25.6

Administration expenses

–104.4

–106.9

–2.4

Other operating expenses and income

–134.9

–85.2

58.4

Research and development

–347.2

–312.9

11.0

Amortization of intangible assets

–140.5

–147.5

–4.7

Investment result

–

–

–

Operating result

294.8

198.1

48.8

Exceptional items

–

–68.8

–

Earnings before interest and tax (EBIT)

294.8

129.3

127.9

Financial result

–38.6

–35.0

10.5

Profit before tax

256.1

94.4

171.4

Income tax

–61.5

–34.1

80.3

Profit after tax

194.6

60.2

223.1

Non-controlling interest

–3.1

–3.6

–12.0

Net profit after non-controlling interest

191.4

56.7

237.9

Earnings per share (in EUR)

basic

0.88

0.26

238.5

diluted

0.88

0.26

238.5