4.2.1Consolidated Income Statement

in millions of US$

Notes

2019

2018

Revenue from contracts with customers

2,915

1,744

Interest revenue from finance lease calculated using the effective interest method

476

496

Total revenue

4.3.2 / 4.3.3

3,391

2,240

Cost of sales

4.3.5

(2,457)

(1,437)

Gross margin

934

802

Other operating income/(expense)

4.3.4 / 4.3.5

5

(30)

Selling and marketing expenses

4.3.5

(48)

(36)

General and administrative expenses

4.3.5

(128)

(122)

Research and development expenses

4.3.5 / 4.3.7

(24)

(23)

Net impairment gains/(losses) on financial and contract assets

4.3.5 / 4.3.8

3

13

Operating profit/(loss) (EBIT)

742

603

Financial income

4.3.9

31

46

Financial expenses

4.3.9

(274)

(279)

Net financing costs

(243)

(233)

Share of profit/(loss) of equity-accounted investees

4.3.31

43

13

Profit/(loss) before income tax

542

384

Income tax expense

4.3.10

(31)

(40)

Profit/(loss)

511

344

Attributable to shareholders of the parent company

366

212

Attributable to non-controlling interests

4.3.32

145

132

Profit/(loss)

511

344

Earnings/(loss) per share

Notes

2019

2018

Weighted average number of shares outstanding

4.3.11

198,574,975

204,270,610

Basic earnings/(loss) per share

4.3.11

US$1.84

US$1.04

Fully diluted earnings/(loss) per share

4.3.11

US$1.84

US$1.04