Annual Report 2021

Consolidated Income Statement

€ million

 

Note

 

2021

 

2020

Net sales

 

9 

 

19,687

 

17,534

Cost of sales

 

10 

 

-7,351

 

-6,835

Gross profit

 

 

 

12,335

 

10,699

 

 

 

 

 

 

 

Marketing and selling expenses

 

11 

 

-4,304

 

-4,207

Administration expenses

 

 

 

-1,241

 

-1,188

Research and development costs

 

12 

 

-2,408

 

-2,288

Impairment losses and reversals of impairment losses on financial assets (net)

 

42 

 

1

 

-6

Other operating income

 

13 

 

528

 

838

Other operating expenses

 

14 

 

-734

 

-863

Operating result (EBIT)1

 

 

 

4,179

 

2,985

 

 

 

 

 

 

 

Finance income

 

40 

 

62

 

44

Finance costs

 

40 

 

-317

 

-398

Profit before income tax

 

 

 

3,924

 

2,630

 

 

 

 

 

 

 

Income tax

 

15 

 

-859

 

-637

Profit after tax

 

 

 

3,065

 

1,994

thereof: attributable to shareholders of Merck KGaA, Darmstadt, Germany (net income)

 

 

 

3,055

 

1,987

thereof: attributable to non-controlling interests

 

34 

 

10

 

7

 

 

 

 

 

 

 

Earnings per share (in €)

 

17 

 

 

 

 

Basic

 

 

 

7.03

 

4.57

Diluted

 

 

 

7.03

 

4.57

1

Not defined by International Financial Reporting Standards (IFRS).

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