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Fresenius SE & Co. KGaA
Consolidated statement of income

€ in millions Note 2011 2010
The following notes are an integral part of the consolidated financial statements.
Sales 4 16,522 15,972
Cost of sales 5 -10,883 -10,646
Gross profit   5,639 5,326
Selling, general and administrative expenses 8 -2,809 -2,664
Research and development expenses   -267 -244
Operating income (EBIT)   2,563 2,418
Interest income 9 56 30
Interest expenses 9 -587 -596
Other financial result 10 -100 -66
Financial result   -631 -632
Income before income taxes   1,932 1,786
Income taxes 11 -604 -581
Net income   1,328 1,205
Less noncontrolling interest 26 638 583
Net income attributable to Fresenius SE & Co. KGaA   690 622
       
Earnings per ordinary share in € 12 4.24 3.85
Fully diluted earnings per ordinary share in € 12 4.18 3.79
Earnings per preference share in € 12 n/a 3.85
Fully diluted earnings per preference share in € 12 n/a 3.79

€ in millions Note 2011 2010
The following notes are an integral part of the consolidated financial statements.
Sales 4 16,522 15,972
Cost of sales 5 -10,883 -10,646
Gross profit   5,639 5,326
Selling, general and administrative expenses 8 -2,809 -2,664
Research and development expenses   -267 -244
Operating income (EBIT)   2,563 2,418
Interest income 9 56 30
Interest expenses 9 -587 -596
Other financial result 10 -100 -66
Financial result   -631 -632
Income before income taxes   1,932 1,786
Income taxes 11 -604 -581
Net income   1,328 1,205
Less noncontrolling interest 26 638 583
Net income attributable to Fresenius SE & Co. KGaA   690 622
       
Earnings per ordinary share in € 12 4.24 3.85
Fully diluted earnings per ordinary share in € 12 4.18 3.79
Earnings per preference share in € 12 n/a 3.85
Fully diluted earnings per preference share in € 12 n/a 3.79

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