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Financial Statements
Financial Statements

Bayer Group Consolidated Statements of Income

 1st Quarter 20071st Quarter 2008
€ million  
Net sales8,3358,536
Cost of goods sold(4,134)(4,103)
Gross profit4,2014,433
   
Selling expenses(1,807)(1,902)
Research and development expenses(625)(633)
General administration expenses(436)(419)
Other operating income143287
Other operating expenses(301)(423)
Operating result (EBIT)1,1751,343
   
Equity-method loss(14)(10)
Non-operating income242135
Non-operating expenses(446)(400)
Non-operating result (218)(275)
   
Income before income taxes9571,068
   
Income taxes(301)(306)
   
Income from continuing operations after taxes656762
   
Income from discontinued operations after taxes2,154-
   
Income after taxes2,810762
   of which attributable to minority interest10
   of which attributable to Bayer AG
   stockholders (net income)
2,809762
   
Earnings per share (€)  
From continuing operations  
   Basic*0.820.96
   Diluted*0.820.96
   
From discontinued operations  
   Basic*2.62-
   Diluted*2.62-
   
From continuing and discontinued operations  
   Basic*3.440.96
   Diluted*3.440.96
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