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Condensed consolidated statement of income

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million €, earnings per share in €
Note 1st quarter ended Dec. 31, 2008 1st quarter ended Dec. 31, 2009
Net sales 09 11,522 9,351
Cost of sales* 02 (9,735) (7,878)
Gross profit* 1,787 1,473
       
Selling expenses (735) (643)
General and administrative expenses (626) (576)
Other operating income 76 77
Other operating expenses* (121) (95)
Gain/(loss) on the disposal of subsidiaries, net 0 93
Income/(loss) from operations 381 329
       
Income/(expense) from companies accounted for using the equity method (11) 7
Interest income 72 95
Interest expense (239) (259)
Other financial income/(expense), net 37 141
Financial income/(expense), net (141) (16)
       
Income before income taxes 240 313
       
Income tax (expense)/income (77) (118)
Net income 163 195
       
Attributable to:
ThyssenKrupp AG’s stockholders 168 164
Non-controlling interest (5) 31
Net income 163 195
       
Basic and diluted earnings per share 10
Net income (attributable to ThyssenKrupp AG’s stockholders) 0.36 0.35
* Prior year figure adjusted See accompanying notes to the condensed consolidated financial statements.