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Consolidated statement of income

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€ in millions Note 2021 2020
Sales 4 37,520 36,277
Cost of sales   -27,209 -25,961
Gross profit   10,311 10,316
Selling expenses   -1,059 -1,057
General and administrative expenses 8 -4,394 -4,373
Other operating income 9 381 398
Other operating expenses 9 -276 -148
Research and development expenses 7 -805 -751
Operating income (EBIT)   4,158 4,385
Interest income 10 124 93
Interest expenses 10 -630 -752
Income before income taxes   3,652 3,726
Income taxes 11 -833 -903
Net income   2,819 2,823
Noncontrolling interests 12 1,001 1,116
Net income attributable to shareholders of Fresenius SE & Co. KGaA   1,818 1,707
       
Earnings per share in € 14 3.26 3.06
Fully diluted earnings per share in € 14 3.26 3.06
The following notes are an integral part of the consolidated financial statements.