4.2.1Consolidated Income Statement

in millions of US$

Notes

2020

2019

Revenue from contracts with customers

2,992

2,915

Interest revenue from finance lease calculated using the effective interest method

504

476

Total revenue

4.3.2 / 4.3.3

3,496

3,391

Cost of sales

4.3.5

(2,607)

(2,457)

Gross margin

889

934

Other operating income/(expense)

4.3.4 / 4.3.5

(53)

5

Selling and marketing expenses

4.3.5

(40)

(48)

General and administrative expenses

4.3.5

(143)

(128)

Research and development expenses

4.3.5 / 4.3.7

(24)

(24)

Net impairment gains/(losses) on financial and contract assets

4.3.5 / 4.3.8

(24)

3

Operating profit/(loss) (EBIT)

605

742

Financial income

4.3.9

9

31

Financial expenses

4.3.9

(265)

(274)

Net financing costs

(257)

(243)

Share of profit/(loss) of equity-accounted investees

4.3.31

17

43

Profit/(loss) before income tax

366

542

Income tax expense

4.3.10

(38)

(31)

Profit/(loss)

327

511

Attributable to shareholders of the parent company

191

366

Attributable to non-controlling interests

4.3.32

137

145

Profit/(loss)

327

511

Earnings/(loss) per share

Notes

2020

2019

Weighted average number of shares outstanding

4.3.11

189,810,371

198,574,975

Basic earnings/(loss) per share in US$

4.3.11

1.00

1.84

Fully diluted earnings/(loss) per share in US$

4.3.11

1.00

1.84