Condensed Consolidated Interim Financial Statements as of September 30, 2017

Bayer Group
Consolidated Income Statements

 

 

Q3 2016

Q3 2017

 

9M 2016

9M 2017

 

 

€ million

€ million

 

€ million

€ million

2016 figures restated

1

For definition see Annual Report 2016, Chapter “Alternative Performance Measures Used by the Bayer Group.”

Net sales

 

8,258

8,025

 

26,120

26,419

Cost of goods sold

 

(2,716)

(2,565)

 

(8,608)

(8,335)

Gross profit

 

5,542

5,460

 

17,512

18,084

Selling expenses

 

(2,628)

(2,544)

 

(7,950)

(8,042)

Research and development expenses

 

(1,055)

(1,079)

 

(3,160)

(3,270)

General administration expenses

 

(483)

(485)

 

(1,251)

(1,438)

Other operating income

 

187

285

 

465

629

Other operating expenses

 

(166)

(249)

 

(464)

(685)

EBIT1

 

1,397

1,388

 

5,152

5,278

Equity-method loss

 

(1)

(8)

 

(2)

(20)

Financial income

 

33

84

 

110

216

Financial expenses

 

(265)

(479)

 

(849)

(1,264)

Financial result

 

(233)

(403)

 

(741)

(1,068)

Income before income taxes

 

1,164

985

 

4,411

4,210

Income taxes

 

(207)

(212)

 

(954)

(894)

Income from continuing operations after income taxes

 

957

773

 

3,457

3,316

of which attributable to noncontrolling interest

 

4

(3)

 

9

(3)

of which attributable to Bayer AG stockholders (net income)

 

953

776

 

3,448

3,319

Income from discontinued operations after income taxes

 

333

3,423

 

862

4,628

of which attributable to noncontrolling interest

 

99

318

 

232

759

of which attributable to Bayer AG stockholders (net income)

 

234

3,105

 

630

3,869

Income after income taxes

 

1,290

4,196

 

4,319

7,944

of which attributable to noncontrolling interest

 

103

315

 

241

756

of which attributable to Bayer AG stockholders (net income)

 

1,187

3,881

 

4,078

7,188

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

From continuing operations

 

 

 

 

 

 

Basic

 

1.15

0.89

 

4.17

3.81

Diluted

 

1.15

0.89

 

4.17

3.81

From discontinued operations

 

 

 

 

 

 

Basic

 

0.28

3.56

 

0.76

4.43

Diluted

 

0.28

3.56

 

0.76

4.43

From continuing and discontinued operations

 

 

 

 

 

 

Basic

 

1.43

4.45

 

4.93

8.24

Diluted

 

1.43

4.45

 

4.93

8.24