Saint Gobain - Registration document 2016

9 FINANCIAL AND ACCOUNTING INFORMATION 1. 2016 Consolidated Financial Statements

CONSOLIDATED INCOME STATEMENT

Notes

2016

2015

(in € millions)

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.

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SAINT-GOBAIN - REGISTRATION DOCUMENT 2016

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