SCH2017_DRF_EN_Livre.indb

5

Consolidated financial statements at December 31, 2017 Consolidated statement of income

1. Consolidated statement of income

Note

Full year 2017

Full year 2016*

(in millions of euros except for earnings per share)

Revenue

3

24,743 (15,245) 9,498 (501) (5,346) 3,651

24,459 (15,101) 9,358 (527) (5,333) 3,498

Cost of sales Gross profit

Research and development

4

Selling, general and administrative expenses

EBITA adjusted**

3 6 7

Other operating income and expenses

(15)

(63)

Restructuring costs

(286) 3,350 (140) 3,210 (270) (219) (148) (367) 2,843 (600) 51

(309) 3,126 (151) 2,975 (313) (272) (190) (462) 2,513 (719) 41

EBITA***

Amortization and impairment of purchase accounting intangibles

8

Operating income Interest income Interest expense Finance costs, net

Other financial income and expense

9

Net financial income/(loss)

Profit from continuing operations before income tax

Income tax expense

10

Income of discontinued operations, net of income tax

(94)

(17)

Share of profit/(loss) of associates

14

61

34

PROFIT FOR THE PERIOD

2,210 2,150

1,811 1,750

E attributable to owners of the parent E attributable to non-controlling interests

61

60

Basic earnings (attributable to owners of the parent) per share (in euros per share) Diluted earnings (attributable to owners of the parent) per share (in euros per share)

21.2

3.85

3.12

3.81

3.09

* 2016 figures were restated for discontinued operations disclosed in note 1. ** Adjusted EBITA (Earnings Before Interest, Taxes, Amortization of Purchase Accounting Intangibles). Adjusted EBITA corresponds to operating profit before amortization and impairment of purchase accounting intangible assets, before goodwill impairment, other operating income and expenses and restructuring costs. *** EBITA (Earnings Before Interest, Taxes and Amortization of Purchase Accounting Intangibles). EBITA corresponds to operating profit before amortization and impairment of purchase accounting intangible assets and before goodwill impairment. The accompanying notes are an integral part of the consolidated financial statements.

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

226