Consolidated income statement
Millions of euros | Note | 2021 | 2020 |
Net sales | 4 | 1,070.8 | 986.5 |
Cost of sales | -805.0 | -716.7 | |
Gross profit | 265.8 | 269.8 | |
Selling expenses | -67.5 | -62.7 | |
Research and development costs | -65.8 | -37.2 | |
General and administrative expenses | -85.5 | -79.9 | |
Other gains and losses | 6 | 35.0 | 14.1 |
Operating result | 82.0 | 104.1 | |
Financial income | 7 | 2.4 | 3.0 |
Financial charges | 7 | -16.6 | -23.9 |
Results from joint ventures and associates | 13 | 18.7 | 4.5 |
Result before taxes | 86.5 | 87.7 | |
Income tax expense | 8 | -8.2 | -14.6 |
Result after taxes | 78.3 | 73.1 | |
Result attributable to non-controlling interests | |||
Result attributable to equity holders of Corbion nv | 78.3 | 73.1 | |
Per ordinary share in euros | 9 | ||
Basic earnings | 1.33 | 1.24 | |
Diluted earnings | 1.32 | 1.23 |