4.2.1Consolidated Income Statement

in millions of US$

Notes

2021

2020

Revenue from contracts with customers

3,262

2,992

Interest revenue from finance lease calculated using the effective interest method

486

504

Total revenue

4.3.2 / 4.3.3

3,747

3,496

Cost of sales

4.3.5

(2,826)

(2,607)

Gross margin

922

889

Other operating income/(expense)

4.3.4 / 4.3.5

6

(53)

Selling and marketing expenses

4.3.5

(31)

(40)

General and administrative expenses

4.3.5

(146)

(143)

Research and development expenses

4.3.5 / 4.3.7

(29)

(24)

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

4.3.5 / 4.3.8

12

(24)

Operating profit/(loss) (EBIT)

734

605

Financial income

4.3.9

3

9

Financial expenses

4.3.9

(304)

(265)

Net financing costs

(301)

(257)

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

4.3.30

110

17

Profit/(loss) before income tax

543

366

Income tax expense

4.3.10

(71)

(38)

Profit/(loss)

472

327

Attributable to shareholders of the parent company

400

191

Attributable to non-controlling interests

4.3.31

72

137

Profit/(loss)

472

327

Earnings/(loss) per share

Notes

2021

2020

Weighted average number of shares outstanding

4.3.11

183,717,155

189,810,371

Basic earnings/(loss) per share in US$

4.3.11

2.18

1.00

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

4.3.11

2.16

1.00