Bayer Group Consolidated Statements of Income

	Note	2006	2007
€ million
Net sales	[7]	28,956	32,385
Cost of goods sold		(15,275)	(16,352)
Gross profit		13,681	16,033

Selling expenses	[8]	(6,534)	(7,782)
Research and development expenses	[9]	(2,297)	(2,578)
General administration expenses		(1,599)	(1,772)
Other operating income	[10]	730	822
Other operating expenses	[11]	(1,219)	(1,569)
Operating result [EBIT]		2,762	3,154

Equity-method loss	[13.1]	(25)	(45)
Non-operating income		931	834
Non-operating expenses		(1,688)	(1,709)
Non-operating result	[13]	(782)	(920)

Income before income taxes		1,980	2,234

Income taxes	[14]	(454)	72

Income from continuing operations after taxes		1,526	2,306

Income from discontinued operations after taxes	[6.3]	169	2,410

Income after taxes		1,695	4,716
of which attributable to minority interest	[15]	12	5
of which attributable to Bayer AG stockholders (net income)		1,683	4,711

Earnings per share (€)

From continuing operations	[16]
Basic*		2.00	2.91
Diluted*		2.00	2.91

From discontinued operations	[16]
Basic*		0.22	2.93
Diluted*		0.22	2.93

From continuing and discontinued operations	[16]
Basic*		2.22	5.84
Diluted*		2.22	5.84