4.2.1Consolidated Income Statement

in millions of US$

Notes

2017

2016

Revenue

4.3.2 / 4.3.3

1,861

2,272

Cost of sales

4.3.5

(1,064)

(1,434)

Gross margin

4.3.2

797

838

Other operating income/(expense)

4.3.4 / 4.3.5

(239)

(66)

Selling and marketing expenses

4.3.5

(36)

(37)

General and administrative expenses

4.3.5

(132)

(142)

Research and development expenses

4.3.5 / 4.3.8

(33)

(29)

Operating profit/(loss) (EBIT)

4.3.2

358

564

Financial income

4.3.7

27

26

Financial expenses

4.3.7

(358)

(301)

Net financing costs

(331)

(275)

Share of profit of equity-accounted investees

4.3.31

(2)

(14)

Profit/(loss) before tax

25

275

Income tax expense

4.3.9

(26)

(28)

Profit/(loss)

(1)

247

Attributable to shareholders of the parent company

(155)

182

Attributable to non-controlling interests

4.3.32

154

65

Profit/(loss)

(1)

247

Earnings/(loss) per share

Notes

2017

2016

Weighted average number of shares outstanding

4.3.10

202,849,287

210,568,416

Basic earnings/(loss) per share

4.3.10

US$ (0.76)

US$ 0.87

Fully diluted earnings/(loss) per share

4.3.10

US$ (0.76)

US$ 0.87