Condensed consolidated statement of income

million €, earnings per share in € Download

 

Note

 

2nd quarter
ended
March 31, 2005

 

2nd quarter
ended
March 31, 2006

 

1st half
ended
March 31, 2005

 

1st half
ended
March 31, 2006

Net sales

10

 

10,610

 

11,768

 

20,698

 

22,728

Cost of sales

5

 

(8,800)

 

(9,796)

 

(17,004)

 

(19,005)

Gross margin

 

 

1,810

 

1,990

 

3,694

 

3,723

 

 

 

 

 

 

 

 

 

 

Selling expenses

 

 

(674)

 

(695)

 

(1,330)

 

(1,336)

General and administrative expenses

 

 

(559)

 

(596)

 

(1,111)

 

(1,160)

Other operating income

6

 

65

 

286

 

129

 

437

Other operating expenses

 

 

(98)

 

(109)

 

(172)

 

(255)

Gain on the disposal of subsidiaries, net

 

 

27

 

1

 

37

 

12

Income from operations

 

 

571

 

877

 

1,247

 

1,421

 

 

 

 

 

 

 

 

 

 

Income from companies accounted for at equity

 

 

10

 

9

 

19

 

12

Interest income

 

 

43

 

65

 

85

 

126

Interest expense

 

 

(177)

 

(174)

 

(360)

 

(361)

Sundry financial income/(expense), net

 

 

1

 

(4)

 

(13)

 

0

Financial income/(expense), net

 

 

(123)

 

(104)

 

(269)

 

(223)

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes

 

 

448

 

773

 

978

 

1,198

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

(191)

 

(332)

 

(399)

 

(502)

Income from continuing operations

 

 

257

 

441

 

579

 

696

 

 

 

 

 

 

 

 

 

 

Discontinued operations (net of tax)

 

 

812

 

0

 

821

 

0

Net income

 

 

1,069

 

441

 

1,400

 

696

 

 

 

 

 

 

 

 

 

 

Thereof:

 

 

 

 

 

 

 

 

 

    ThyssenKrupp AG's stockholders

 

 

1,060

 

429

 

1,369

 

679

    Minority interest

 

 

9

 

12

 

31

 

17

Net income

 

 

1,069

 

441

 

1,400

 

696

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per share

11

 

 

 

 

 

 

 

 

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

 

 

0.50

 

0.84

 

1.10

 

1.33

Net income (attributable to ThyssenKrupp AG's stockholders)

 

 

2.13

 

0.84

 

2.75

 

1.33

See accompanying notes to the unaudited condensed consolidated financial statements.