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 |
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Consolidated statement of comprehensive income
Consolidated statement of comprehensive income