Income statement for the Deutz Group

Income Statement for the DEUTZ Group

€ million      
  Note 2018 2017 1)
Revenue 1 1,778.8 1,479.1
Cost of sales 2 –1,468.3 –1,222.9
Research and development costs 3 –92.0 –94.8
Selling expenses 4 –96.4 –78.8
General and administrative expenses 4 –49.3 –41.5
Other operating income 5 40.6 144.1
Other operating expenses 6 –17.7 –41.9
Write-downs of financial assets   –0.7 –0.2
Profit/loss on equity-accounted investments 7 –2.2 –0.2
Write-downs of equity-accounted investments   –11.3 0.0
Other net investment income 7 0.5 0.9
EBIT   82.0 143.8
thereof exceptional items   0.0 104.1
thereof operating profit (EBIT before exceptional items)   82.0 39.7
Interest expenses, net 8 –1.9 –2.4
thereof finance costs 8 –2.4 –3.1
Net income before income taxes   80.1 141.4
Income taxes 9 –10.2 –22.9
Net income   69.9 118.5
thereof attributable to shareholders of DEUTZ AG   69.9 118.5
thereof attributable to non-controlling interests   0.0 0.0
Earnings per share (basic/diluted, €) 10 0.58 0.98
1) Adjusted as a result of the write-downs on the DEUTZ Dalian joint venture. See in the notes to the consolidated financial statements for further details.