THYSSENKRUPP AG
CONSOLIDATED STATEMENT OF INCOME



million €, earnings per share in €
* does not include non-recurring losses relating to the RAG investment (see Note 8)
 

Note

 

Year ended
Sept. 30, 2005

 

Year ended
Sept. 30, 2006

Net sales

4, 32

 

42,927

 

47,125

Cost of sales

1213

 

(35,695)

 

(39,142)

Gross margin

 

 

7,232

 

7,983

 

 

 

 

 

 

Selling expenses

 

 

(2,645)

 

(2,723)

General and administrative expenses

 

 

(2,255)

 

(2,389)

Other operating income

5

 

276

 

709

Other operating expenses

612

 

(452)

 

(586)

Gain/(loss) on the disposal of subsidiaries, net

 

 

16

 

40

Income from operations*

 

 

2,172

 

3,034

 

 

 

 

 

 

Income from companies accounted for using the equity method

 

 

37

 

28

Interest income

 

 

168

 

284

Interest expense

 

 

(741)

 

(705)

Other financial income/(expense), net

 

 

41

 

(18)

Financial income/(expense), net*

7

 

(495)

 

(411)

 

 

 

 

 

 

Income from continuing operations before income taxes*

 

 

1,677

 

2,623

 

 

 

 

 

 

Non-recurring losses related to RAG investment

8

 

(474)

 

-

Income tax expense

9

 

(737)

 

(919)

Income from continuing operations

 

 

466

 

1,704

 

 

 

 

 

 

Discontinued operations (net of tax)

3

 

613

 

-

Net income

 

 

1,079

 

1,704

 

 

 

 

 

 

Thereof:

 

 

 

 

 

ThyssenKrupp AG's stockholders

 

 

1,038

 

1,643

Minority interest

 

 

41

 

61

Net income

 

 

1,079

 

1,704

 

 

 

 

 

 

Basic and diluted earnings per share

10

 

 

 

 

Income from continuing operations
(attributable to ThyssenKrupp AG's stockholders)

 

 

0.85

 

3.24

Net income
(attributable to ThyssenKrupp AG's stockholders)

 

 

2.08

 

3.24

See accompanying notes to consolidated financial statements.