2022 Universal Registration Document

Income statement

(in € millions)	Notes	2022	2021
Revenue	Revenue Notes	Revenue 2022 19	Revenue 2021 15
Reversals of provisions and transfers of expenses	Reversals of provisions and transfers of expenses Notes	Reversals of provisions and transfers of expenses 2022 6	Reversals of provisions and transfers of expenses 2021 7
Other operating income	Other operating income Notes	Other operating income 2022 238	Other operating income 2021 152
Revenue and other income	Revenue and other income Notes	Revenue and other income2022263	Revenue and other income2021174
Other purchases and external charges	Other purchases and external charges Notes	Other purchases and external charges 2022 (89)	Other purchases and external charges 2021 (79)
Taxes and levies	Taxes and levies Notes	Taxes and levies 2022 (8)	Taxes and levies 2021 (6)
Wages, salaries and social benefit charges	Wages, salaries and social benefit charges Notes	Wages, salaries and social benefit charges 2022 (58)	Wages, salaries and social benefit charges 2021 (52)
Depreciation and amortisation	Depreciation and amortisation Notes	Depreciation and amortisation 2022 (9)	Depreciation and amortisation 2021 (8)
Provision expense	Provision expense Notes	Provision expense 2022 –	Provision expense 2021 (18)
Other operating expenses	Other operating expenses Notes	Other operating expenses 2022 (56)	Other operating expenses 2021 (2)
Operating expenses	Operating expenses Notes	Operating expenses2022(220)	Operating expenses2021(165)
Share of profit/(loss) of joint operations	Share of profit/(loss) of joint operations Notes	Share of profit/(loss) of joint operations 2022 –	Share of profit/(loss) of joint operations 2021 –
Operating income	Operating income Notes	Operating income202243	Operating income20218
Income from investments in subsidiaries and affiliates	Income from investments in subsidiaries and affiliates Notes	Income from investments in subsidiaries and affiliates 2022 2,768	Income from investments in subsidiaries and affiliates 2021 2,621
Income from other securities and fixed asset receivables	Income from other securities and fixed asset receivables Notes	Income from other securities and fixed asset receivables 2022 153	Income from other securities and fixed asset receivables 2021 82
Other interest and similar income	Other interest and similar income Notes	Other interest and similar income 2022 478	Other interest and similar income 2021 366
Net income from disposals of marketable securities and treasury shares	Net income from disposals of marketable securities and treasury shares Notes	Net income from disposals of marketable securities and treasury shares 2022	Net income from disposals of marketable securities and treasury shares 2021 –
Foreign exchange gains	Foreign exchange gains Notes	Foreign exchange gains 2022 170	Foreign exchange gains 2021 24
Reversals of provisions and transfers of expenses	Reversals of provisions and transfers of expenses Notes	Reversals of provisions and transfers of expenses 2022 303	Reversals of provisions and transfers of expenses 2021 391
Financial income	Financial income Notes	Financial income20223,871	Financial income20213,484
Expenses related to investments in subsidiaries and affiliates	Expenses related to investments in subsidiaries and affiliates Notes	Expenses related to investments in subsidiaries and affiliates 2022 –	Expenses related to investments in subsidiaries and affiliates 2021 (1)
Interest paid and similar expenses	Interest paid and similar expenses Notes	Interest paid and similar expenses 2022 (615)	Interest paid and similar expenses 2021 (416)
Net expense on disposal of marketable securities and treasury shares	Net expense on disposal of marketable securities and treasury shares Notes	Net expense on disposal of marketable securities and treasury shares 2022 (3)	Net expense on disposal of marketable securities and treasury shares 2021 (18)
Foreign exchange losses	Foreign exchange losses Notes	Foreign exchange losses 2022 (90)	Foreign exchange losses 2021 (178)
Depreciation, amortisation and provisions	Depreciation, amortisation and provisions Notes	Depreciation, amortisation and provisions 2022 (414)	Depreciation, amortisation and provisions 2021 (432)
Financial expense	Financial expense Notes	Financial expense2022(1,122)	Financial expense2021(1,046)
Net financial income/(expense)	Net financial income/(expense) Notes 8	Net financial income/(expense)20222,750	Net financial income/(expense)20212,439
Income from ordinary activities	Income from ordinary activities Notes	Income from ordinary activities20222,793	Income from ordinary activities20212,447
Relating to operating transactions	Relating to operating transactions Notes	Relating to operating transactions 2022 –	Relating to operating transactions 2021 1
Relating to capital transactions	Relating to capital transactions Notes	Relating to capital transactions 2022 –	Relating to capital transactions 2021 1
Reversals of provisions and transfers of expenses	Reversals of provisions and transfers of expenses Notes	Reversals of provisions and transfers of expenses 2022 –	Reversals of provisions and transfers of expenses 2021 –
Exceptional income	Exceptional income Notes	Exceptional income20221	Exceptional income2021 1
Relating to operating transactions	Relating to operating transactions Notes	Relating to operating transactions 2022 (1)	Relating to operating transactions 2021 –
Relating to capital transactions	Relating to capital transactions Notes	Relating to capital transactions 2022 –	Relating to capital transactions 2021 –
Depreciation, amortisation and provisions	Depreciation, amortisation and provisions Notes	Depreciation, amortisation and provisions 2022 (38)	Depreciation, amortisation and provisions 2021 (1)
Exceptional expense	Exceptional expense Notes	Exceptional expense2022(39)	Exceptional expense2021 (1)
Net exceptional income/(expense)	Net exceptional income/(expense) Notes 9	Net exceptional income/(expense)2022(39)	Net exceptional income/(expense)2021 –
Income tax expense	Income tax expense Notes 10	Income tax expense202299	Income tax expense2021133
Net income for the period	Net income for the period Notes	Net income for the period20222,853	Net income for the period20212,580