Group income statement

in € milllion

Note

2006

2005

Sales

[8]

8,113

4,326

12,439

5,884

3,627

9,511

Cost of sales

[9]

5,392

3,155

8,547

3,779

2,693

6,472

Gross profit on sales

2,721

1,171

3,892

2,105

934

3,039

Marketing and selling expenses

1,243

475

1,718

887

427

1,314

Research and development costs

92

109

201

77

95

172

Administration expenses

709

245

954

508

196

704

Other operating income

[10]

193

84

277

155

54

209

Other operating expenses

[10]

98

49

147

78

28

106

Income from associates and joint ventures

[12]

31

4

35

–8

9

1

Non-recurring items

[11]

Profit on disposal of KION Group

–

1,929

1,929

–

–

–

Costs of transformation of The Linde Group

198

117

315

–

–

–

Financial income

[13]

257

67

324

104

45

149

Financial expenses

[13]

499

96

595

201

93

294

Earnings before taxes on income

363

2,164

2,527

605

203

808

Taxes on income

[14]

144

525

669

232

53

285

Earnings after taxes on income

219

1,639

1,858

373

150

523

Attributable to minority interests

18

2

20

7

2

9

Attributable to Linde AG shareholders

201

1,637

1,838

366

148

514

Earnings per share in €

[15]

1.45

11.85

13.30

3.06

1.24

4.30

Earnings per share in € – fully diluted –

[15]

1.45

11.04

12.49

2.92

1.14

4.06