ThyssenKrupp AG
Consolidated Statements of Income

million €, earnings per share in €			Download
* adjusted due to the presentation of discontinued operations (see Note 3) ** does not include non-recurring losses relating to the RAG investment (see Note 8) See accompanying notes to consolidated financial statements.
	Note	Year ending Sept. 30, 2003*	Year ending Sept. 30, 2004*	Year ending Sept. 30, 2005
Net sales	30	33,487	37,303	42,064
Cost of sales		(27,525)	(30,655)	(35,063)
Gross margin		5,962	6,648	7,001

Selling expenses	4	(2,612)	(2,541)	(2,544)
General and administrative expenses		(2,185)	(2,313)	(2,360)
Other operating income	5	313	336	259
Other operating expenses	6	(498)	(458)	(391)
Gain/(loss) on the disposal of subsidiaries, net		(53)	1	3
Income from operations**		927	1,673	1,968

Financial income/(expense), net**	7	(127)	(196)	(132)
Income from continuing operations before income taxes and minority interest**		800	1,477	1,836

Non-recurring losses related to RAG investment	8	0	0	(474)
Provisions for income taxes	9	(154)	(587)	(735)
Minority interest		(45)	(60)	(46)
Income from continuing operations		601	830	581

Discontinued operations (net of tax)	3	(43)	74	442
Cumulative effects of changes in accounting principles (net of tax)	1, 21	(6)	0	(4)
Net income		552	904	1,019

Basic earnings per share	33
Income from continuing operations		1.18	1.67	1.17
Net income		1.09	1.81	2.05