Fiscal 2021 Universal Registration Document

4.1 Consolidated financial statements

4. Consolidated financial statements

4.1 Consolidated financial statements

4.1.1 Consolidated income statement

(in millions of euro) NOTES FISCAL 2021 FISCAL 2020
Revenues RevenuesNOTES4.1 RevenuesFISCAL 202117,428 RevenuesFISCAL 202019,321
Cost of sales Cost of salesNOTES4.2 Cost of salesFISCAL 2021(15,006) Cost of salesFISCAL 2020(16,842)
Gross profit Gross profitNOTES

 

Gross profitFISCAL 20212,422 Gross profitFISCAL 20202,479
Selling, General and Administrative costs

Selling, General and Administrative costs

NOTES

4.2

Selling, General and Administrative costs

FISCAL 2021

(1,849)

Selling, General and Administrative costs

FISCAL 2020

(1,914)

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

NOTES

8

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

FISCAL 2021

4

Share of profit of companies accounted for using the equity method that directly contribute to the Group’s business

FISCAL 2020

4

Underlying operating profit Underlying operating profitNOTES4.1 Underlying operating profitFISCAL 2021578 Underlying operating profitFISCAL 2020569
Other operating income

Other operating income

NOTES

4.2

Other operating income

FISCAL 2021

56

Other operating income

FISCAL 2020

7

Other operating expenses

Other operating expenses

NOTES

4.2

Other operating expenses

FISCAL 2021

(295)

Other operating expenses

FISCAL 2020

(510)

Operating profit Operating profitNOTES

 

Operating profitFISCAL 2021339 Operating profitFISCAL 202065
Financial income

Financial income

NOTES

12.1

Financial income

FISCAL 2021

18

Financial income

FISCAL 2020

30

Financial expenses

Financial expenses

NOTES

12.1

Financial expenses

FISCAL 2021

(124)

Financial expenses

FISCAL 2020

(321)

Share of profit of other companies accounted for using the equity method

Share of profit of other companies accounted for using the equity method

NOTES

8

Share of profit of other companies accounted for using the equity method

FISCAL 2021

4

Share of profit of other companies accounted for using the equity method

FISCAL 2020

5

Profit for the year before tax Profit for the year before taxNOTES

 

Profit for the year before taxFISCAL 2021237 Profit for the year before taxFISCAL 2020(221)
Income tax expense

Income tax expense

NOTES

9.2

Income tax expense

FISCAL 2021

(101)

Income tax expense

FISCAL 2020

(98)

Net profit for the year Net profit for the yearNOTES

 

Net profit for the yearFISCAL 2021137 Net profit for the yearFISCAL 2020(319)
Of which:

Of which:

NOTES

 

Of which:

FISCAL 2021

 

Of which:

FISCAL 2020

 

Attributable to non-controlling interests

Attributable to non-controlling interests

NOTES

 

Attributable to non-controlling interests

FISCAL 2021

(2)

Attributable to non-controlling interests

FISCAL 2020

(4)

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTNOTES

 

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTFISCAL 2021139 PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENTFISCAL 2020(315)
Basic earnings per share (in euro) Basic earnings per share

(in euro)

NOTES11.2
Basic earnings per share

(in euro)

FISCAL 20210.95
Basic earnings per share

(in euro)

FISCAL 2020(2.16)
Diluted earnings per share (in euro) Diluted earnings per share

(in euro)

NOTES11.2
Diluted earnings per share

(in euro)

FISCAL 20210.94
Diluted earnings per share

(in euro)

FISCAL 2020(2.16)