- Index
- 1 NOTE B1 Net sales
- 2 NOTE B2 Underlying raw material & energy costs
- 3 NOTE B3 Underlying EBITDA
- 4 NOTE B4 Underlying depreciation & amortization
- 5 NOTE B5 Underlying net financial charges
- 6 NOTE B6 Underlying income taxes
- 7 NOTE B7 Underlying profit from discontinued operations
- 8 NOTE B8 CAPEX
- 9 NOTE B9 Free Cash Flow
- 10 NOTE B10 Net working capital
- 11 NOTE B11 Underlying net debt
- 12 NOTE B12 CFROI
- 13 NOTE B13 Research & Innovation
In € million |
|
FY 2019 |
FY 2018 PF |
Profit/(loss) for the period before taxes |
a |
1,171 |
1,212 |
Earnings from associates & joint ventures |
b |
92 |
74 |
Interests and realized foreign exchange gains (losses) on the RusVinyl joint venture |
c |
(18) |
(21) |
Income taxes |
d |
(305) |
(303) |
Tax rate |
e = -d/(a-b-c) |
27.8% |
26.1% |
The 1.7 percentage point increase mainly results from an unfavorable mix effect and notably from a lower profit before tax in the United States.