Henkel Annual Report 2011

Überleitung vom Umsatz zum bereinigten betrieblichen Ergebnis


Reconciliation from sales to adjusted operating profit

in million euros

2010

%

2011

%

Change

Sales

15092 100.0 15605 100.0 0.034

Cost of sales

-7983 -52.9 -8455 -54.2 0.059

Gross profit

7109 47.1 7.150 45.8 0.006

Marketing, selling and distribution expenses

-4229 -28.1 -4081 -26.2 -0.035

Research and development expenses

-383 -2.5 -396 -2.5 0.034

Administrative expenses

-711 -4.7 -706 -4.5 -0.007

Other operating income/charges

76 0.5 62 0.4 -0.184

Adjusted operating profit (EBIT)

1862 12.3 2029 13.0 0.09