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9
FINANCIAL AND ACCOUNTING INFORMATION
1. 2016 Consolidated Financial Statements
206
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
CONSOLIDATED INCOME STATEMENT
(in € millions)
Notes
2016
2015
Net sales
(3)
39,093
39,623
Cost of sales
(3)
(29,106)
(29,694)
General expenses including research
(3)
(7,200)
(7,336)
Share in net income of core business equity-accounted companies
(6)
31
43
OPERATING INCOME
2,818
2,636
Other business income
(3)
61
49
Other business expense
(3)
(575)
(1,391)
BUSINESS INCOME
2,304
1,294
Borrowing costs, gross
(376)
(444)
Income from cash and cash equivalents
27
25
Borrowing costs, net
(349)
(419)
Other financial income and expense
(192)
(210)
NET FINANCIAL EXPENSE
(8)
(541)
(629)
Share in net income of non-core business equity-accounted companies
(6)
5
0
Income taxes
(10)
(416)
(248)
Net income from continuing operations
1,352
417
Net income from discontinued operations
0
929
NET INCOME
1,352
1,346
Group share of net income from continuing operations
1,311
374
Group share of net income from discontinued operations
0
921
GROUP SHARE OF NET INCOME
1,311
1,295
Minority interests in net income from continuing operations
41
43
Minority interests in net income from discontinued operations
0
8
Minority interests
41
51
Earnings per share
(in €)
Notes
2016
2015
Weighted average number of shares in issue
554,624,285
562,001,188
Earnings per share, Group share
(9)
2.36
2.30
Earnings per share from continuing operations, Group share
(9)
2.36
0.66
Earnings per share from discontinued operations, Group share
(9)
0.00
1.64
Weighted average number of shares assuming full dilution
557,163,247
564,780,983
Diluted earnings per share, Group share
(9)
2.35
2.29
Diluted earnings per share from continuing operations, Group share
(9)
2.35
0.66
Diluted earnings per share from discontinued operations, Group share
(9)
0.00
1.63
The accompanying notes are an integral part of the consolidated financial statements.