2.1 Consolidated income statement

For the year ended 31 December

 

 

 

€ million

Note

2018

2017

Continuing operations

 

 

 

Net Sales

5

4 412

4 182

Royalty income and fees

 

92

108

Other revenue

9

128

240

Revenue

 

4 632

4 530

Cost of sales

 

-1 198

-1 200

Gross profit

 

3 434

3 330

Marketing and selling expenses

 

-964

-940

Research and development expenses

 

-1 161

-1 057

General and administrative expenses

 

-180

-192

Other operating income/expenses (-)

12

-24

-11

Operating profit before impairment, restructuring and other income and expenses

 

1 105

1 130

Impairment of non-financial assets

13

0

-1

Restructuring expenses

14

-20

-23

Other income/expenses (-)

15

24

-19

Operating profit

 

1 109

1 087

Financial income

16

16

15

Financial expenses

16

-109

-114

Share of loss of associates

 

-1

0

Profit before income taxes

 

1 015

988

Income tax expense

17

-200

-218

Profit from continuing operations

 

815

770

Discontinued operations

 

 

 

Profit/loss (-) from discontinued operations

8

8

1

Profit

 

823

771

Attributable to:

 

 

 

Equity holders of UCB SA

 

800

753

Non-controlling interests

 

23

18

Basic earnings per share (€)

 

 

 

From continuing operations

40

4.20

3.99

From discontinued operations

40

0.04

0.01

Total basic earnings per share

 

4.24

4.00

Diluted earnings per share (€)

 

 

 

From continuing operations

40

4.20

3.99

From discontinued operations

40

0.04

0.01

Total diluted earnings per share

 

4.24

4.00