Condensed Consolidated Interim Financial Statements of the Bayer Group as of September 30, 2015

Bayer Group
Consolidated Income Statements

 

 

 

 

 

 

 

 

 

3rd Quarter 2014

3rd Quarter 2015

 

First Nine Months 2014

First Nine Months 2015

 

 

€ million

€ million

 

€ million

€ million

1

EBIT = earnings before financial result and taxes

2014 figures restated

Net sales

 

9,967

11,036

 

30,547

35,005

Cost of goods sold

 

(4,859)

(4,956)

 

(14,584)

(15,744)

Gross profit

 

5,108

6,080

 

15,963

19,261

 

 

 

 

 

 

 

Selling expenses

 

(2,579)

(2,927)

 

(7,499)

(9,024)

Research and development expenses

 

(867)

(1,041)

 

(2,520)

(3,023)

General administration expenses

 

(389)

(509)

 

(1,224)

(1,530)

Other operating income

 

204

362

 

412

640

Other operating expenses

 

(131)

(400)

 

(286)

(982)

EBIT1

 

1,346

1,565

 

4,846

5,342

 

 

 

 

 

 

 

Equity-method loss

 

(3)

(4)

 

(11)

(4)

Financial income

 

68

32

 

258

129

Financial expenses

 

(367)

(308)

 

(881)

(966)

Financial result

 

(302)

(280)

 

(634)

(841)

 

 

 

 

 

 

 

Income before income taxes

 

1,044

1,285

 

4,212

4,501

 

 

 

 

 

 

 

Income taxes

 

(236)

(296)

 

(1,087)

(1,064)

 

 

 

 

 

 

 

Income from continuing operations after income taxes

 

808

989

 

3,125

3,437

 

 

 

 

 

 

 

Income from discontinued operations after income taxes

 

25

16

 

88

78

 

 

 

 

 

 

 

Income after income taxes

 

833

1,005

 

3,213

3,515

of which attributable to non-controlling interest

 

7

6

 

11

18

of which attributable to Bayer AG stockholders (net income)

 

826

999

 

3,202

3,497

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

From continuing operations

 

 

 

 

 

 

Basic

 

0.97

1.19

 

3.77

4.13

Diluted

 

0.97

1.19

 

3.77

4.13

 

 

 

 

 

 

 

From discontinued operations

 

 

 

 

 

 

Basic

 

0.03

0.02

 

0.10

0.10

Diluted

 

0.03

0.02

 

0.10

0.10

 

 

 

 

 

 

 

From continuing and discontinued operations

 

 

 

 

 

 

Basic

 

1.00

1.21

 

3.87

4.23

Diluted

 

1.00

1.21

 

3.87

4.23