Income Statement

Sales

2,347.0

1,862.3

6,472.6

5,445.6

Royalty and commission income*

90.8

87.7

272.1

272.6

Total revenues

2,437.8

1,950.0

6,744.7

5,718.2

Cost of sales

–619.7

–521.9

–1,623.5

–1,496.4

Gross margin

1,818.2

1,428.1

5,121.2

4,221.8

Marketing and selling expenses*

–573.3

–446.2

–1,581.7

–1,366.8

Royalty and commission expenses*

–115.8

–105.2

–355.3

–303.8

Administration expenses

–128.0

–102.0

–347.5

–316.9

Other operating expenses and income

–91.0

–76.8

–335.4

–206.6

Research and development

–348.6

–332.8

–1,034.6

–986.3

Amortization of intangible assets

–198.2

–147.0

–484.7

–440.8

Investment result

0.3

4.1

2.5

4.2

Operating result

363.5

222.2

984.4

604.8

Exceptional items

–

–

–1.2

–68.8

Earnings before interest and tax (EBIT)

363.5

222.2

983.2

536.0

Financial result

–74.2

–31.7

–191.1

–103.0

Profit before tax

289.3

190.5

792.2

433.0

Income tax

–74.8

–42.3

–196.2

–114.8

Profit after tax

214.5

148.1

596.0

318.2

Non-controlling interest

–3.7

–3.7

–10.4

–8.7

Net profit after non-controlling interest

210.8

144.4

585.6

309.5

Earnings per share (in EUR)

basic

0.97

0.66

2.69

1.42

diluted

0.97

0.66

2.69

1.42