5.2.1Consolidated Income Statement

in millions of US$

Notes

2016

2015

Revenue

5.3.2/5.3.3

2,272

2,705

Cost of sales

5.3.5

(1,434)

(1,864)

Gross margin

5.3.2

838

841

Other operating income/(expense)

5.3.4/5.3.5

(66)

(302)

Selling and marketing expenses

5.3.5

(37)

(61)

General and administrative expenses

5.3.5

(142)

(196)

Research and development expenses

5.3.5/5.3.8

(29)

(43)

Operating profit/(loss) (EBIT)

5.3.2

564

239

Financial income

5.3.7

26

25

Financial expenses

5.3.7

(301)

(200)

Net financing costs

(275)

(175)

Share of profit of equity-accounted investees

5.3.31

(14)

73

Profit/(Loss) before tax

275

137

Income tax expense

5.3.9

(28)

(26)

Profit/(Loss)

247

110

Attributable to shareholders of the parent company

182

29

Attributable to non-controlling interests

5.3.32

65

81

Profit/(Loss)

247

110

Earnings/(loss) per share

Notes

2016

2015

Weighted average number of shares outstanding

5.3.10

210,568,416

210,851,051

Basic earnings/(loss) per share

5.3.10

US$ 0.87

US$ 0.14

Fully diluted earnings/(loss) per share

5.3.10

US$ 0.87

US$ 0.14