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BORSA ITALIANA
EUR 14.672 -0.38 %
NYSE
USD 16.37 +3.74 %
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BORSA ITALIANA
EUR 14.672 -0.38 %
NYSE
USD 16.37 +3.74 %
Search

Consolidated Income Statement

(in € million, except per share amounts)
Years ended December 31
2017
2016
2015
Net revenues110,934111,018110,595
Cost of revenues93,97595,29597,620
Selling, general and other costs7,3857,5687,576
Research and development costs3,2303,2742,864
Result from investments:410316143
   Share of the profit of equity method investees409313130
   ​Other income from investments1313
Reversal of a Brazilian indirect tax liability895------
Gains on disposal of investments7613---
Restructuring costs958853
Net financial expenses1,4692,0162,366
Profit before taxes 6,161 3,106 259
Tax expense2,6511,292166
Net profit from continuing operations 3,510 1,814 93
Profit from discontinued operations, net of tax------284
Net profit 3,510 1,814 377
   
Net profit attributable to:   
Owners of the parent3,4911,803334
Non-controlling interests191143
  3,510 1,814 377
Net profit from continuing operations attributable to:   
Owners of the parent3,4911,80383
Non-controlling interests191110
  3,510 1,814 93
Earnings per share:   
Basic earnings per share2.271.190.22
Diluted earnings per share2.241.180.22
    
Earnings per share for Net profit from continuing operations:   
Basic earnings per share2.271.190.05
Diluted earnings per share2.241.180.05


Consolidated Statement
of Comprehensive Income



(in € million)
Years ended December 31
2017
2016
2015
Net profit (A) 3,510 1,814 377
Items that will not be reclassified to the Consolidated Income Statement in subsequent periods:
   (Losses)/gains on re-measurement of defined benefit plans(64)584679
   Share of gains/(losses) on re-measurement of defined benefit plans for equity method investees2(5)(2)
   Related tax impact(21)(261)(201)
   Items relating to discontinued operations, net of tax------3
Total items that will not be reclassified to the Consolidated Income Statement in subsequent periods (B1) (83) 318 479
Items that may be reclassified to the Consolidated Income Statement in subsequent periods:
​   Gains/(losses) on cash flow hedging instruments147(249)186
   Gains on available-for-sale financial assets141511
   Exchange (losses)/gains on translating foreign operations(1,942)4581,002
   Share of Other comprehensive (loss) for equity method investees(121)(122)(17)
   Related tax impact(10)69(48)
   Items relating to discontinued operations, net of tax------18
Total items that may be reclassified to the Consolidated Income Statement in subsequent periods (B2) (1,912) 171 1,152
Total Other comprehensive (loss)/income, net of tax (B1)+(B2)=(B) (1,995) 489 1,631
Total Comprehensive income (A)+(B) 1,515 2,303 2,008
Total Comprehensive income attributable to:
Owners of the parent 1,4912,2881,953
Non-controlling interests241555
1,515 2,303 2,008
Total Comprehensive income attributable to owners of the parent:1,4912,2881,685
Continuing operations1,4912,2881,685
Discontinued operations
------268
1,491 2,288 1,953