Siemens 2013 Annual Report Download - page 254

92 A. To our Shareholders 117 B. Corporate Governance 155 C. Combined Management Report
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D. Consolidated Statements of Income
For the fiscal years ended September 30, 2013 and 2012
(in millions of €, per share amounts in €) Note 2013 2012

Revenue 75,882 77,395
Cost of sales (55,053) (55,470)
Gross profit 20,829 21,925
Research and development expenses (4,291) (4,245)
Selling and general administrative expenses (11,286) (11,043)
Other operating income 5503 523
Other operating expenses 6(427) (364)
Income (loss) from investments accounted for using the equity method, net 7510 (333)
Interest income 8948 939
Interest expenses 8(789) (760)
Other financial income (expenses), net 8(154) (5)
Income from continuing operations before income taxes 5,843 6,636
Income tax expenses 9(1,630) (1,994)
Income from continuing operations 4,212 4,642
Income (loss) from discontinued operations, net of income taxes 4197 (360)
Net income 4,409 4,282
Attributable to:
Non-controlling interests 126 132
Shareholders of Siemens AG 4,284 4,151
Basic earnings per share 35
Income from continuing operations 4.85 5.15
Income (loss) from discontinued operations 0.23 (0.41)
Net income 5.08 4.74
Diluted earnings per share 35
Income from continuing operations 4.80 5.10
Income (loss) from discontinued operations 0.22 (0.41)
Net income 5.03 4.69
1 Adjusted for effects of adopting IAS 19R, see
NOTE  BASIS OF PRESENTATION in
D. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.
The accompanying Notes are an integral part
of these Consolidated Financial Statements.