Fiscal 2020 Universal Registration Document

3.1 Consolidated financial statements as of August 31, 2020

3. Consolidated financial statements

3.1 Consolidated financial statements as of August 31, 2020

3.1 CONSOLIDATED FINANCIAL STATEMENTS AS OF AUGUST 31, 2020

3.1.1  Consolidated income statement

(in millions of euro) NOTES FISCAL 2020 FISCAL 2019
Revenues

Revenues

NOTES

4.1

Revenues

FISCAL 2020

19,321

Revenues

FISCAL 2019

21,954

Cost of sales

Cost of sales

NOTES

4.2

Cost of sales

FISCAL 2020

(16,842)

Cost of sales

FISCAL 2019

(18,756)

Gross profit


Gross profit

FISCAL 2020

2,479

Gross profit

FISCAL 2019

3,198

Selling, General and Administrative costs

Selling, General and Administrative costs

NOTES

4.2

Selling, General and Administrative costs

FISCAL 2020

(1,914)

Selling, General and Administrative costs

FISCAL 2019

(2,000)

Share of profit of companies consolidated by the equity method that directly contribute to the Group’s business

Share of profit of companies consolidated by the equity method that directly contribute to the Group’s business

NOTES

8

Share of profit of companies consolidated by the equity method that directly contribute to the Group’s business

FISCAL 2020

4

Share of profit of companies consolidated by the equity method that directly contribute to the Group’s business

FISCAL 2019

2

Underlying operating profit

Underlying operating profit

NOTES

4.1

Underlying operating profit

FISCAL 2020

569

Underlying operating profit

FISCAL 2019

1,200

Other operating income

Other operating income

NOTES

4.2

Other operating income

FISCAL 2020

7

Other operating income

FISCAL 2019

11

Other operating expenses

Other operating expenses

NOTES

4.2

Other operating expenses

FISCAL 2020

(510)

Other operating expenses

FISCAL 2019

(152)

Operating profit

Operating profit

FISCAL 2020

65

Operating profit

FISCAL 2019

1,059

Financial income

Financial income

NOTES

12.1

Financial income

FISCAL 2020

30

Financial income

FISCAL 2019

44

Financial expense

Financial expense

NOTES

12.1

Financial expense

FISCAL 2020

(321)

Financial expense

FISCAL 2019

(144)

Share of profit of other companies consolidated by the equity method

Share of profit of other companies consolidated by the equity method

NOTES

8

Share of profit of other companies consolidated by the equity method

FISCAL 2020

5

Share of profit of other companies consolidated by the equity method

FISCAL 2019

4

Profit for the year before tax

Profit for the year before tax

FISCAL 2020

(221)

Profit for the year before tax

FISCAL 2019

963

Income tax expense

Income tax expense

NOTES

9.2

Income tax expense

FISCAL 2020

(98)

Income tax expense

FISCAL 2019

(277)

Net profit for the year

Net profit for the year

FISCAL 2020

(319)

Net profit for the year

FISCAL 2019

686

Of which:


Attributable to non-controlling interests

Attributable to non-controlling interests

FISCAL 2020

(4)

Attributable to non-controlling interests

FISCAL 2019

21

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

FISCAL 2020

(315)

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

FISCAL 2019

665

Basic earnings per share (in euro)

Basic earnings per share (in euro)

NOTES

11.2

Basic earnings per share (in euro)

FISCAL 2020

(2.16)

Basic earnings per share (in euro)

FISCAL 2019

4.56

Diluted earnings per share (in euro)

Diluted earnings per share (in euro)

NOTES

11.2

Diluted earnings per share (in euro)

FISCAL 2020

(2.16)

Diluted earnings per share (in euro)

FISCAL 2019

4.50