4.2.1Consolidated Income Statement

in millions of US$

Notes

2022

2021

Revenue from contracts with customers

4,383

3,262

Interest revenue from finance lease calculated using the effective interest method

530

486

Total revenue

4.3.2/4.3.3

4,913

3,747

Cost of sales

4.3.5

(3,731)

(2,826)

Gross margin

1,182

922

Other operating income/(expense)

4.3.4/4.3.5

28

6

Selling and marketing expenses

4.3.5

(16)

(31)

General and administrative expenses

4.3.5

(154)

(146)

Research and development expenses

4.3.5/4.3.7

(35)

(29)

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

4.3.5/4.3.8

15

12

Operating profit/(loss) (EBIT)

1,020

734

Financial income

4.3.9

12

3

Financial expenses

4.3.9

(385)

(304)

Net financing costs

(373)

(301)

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

4.3.29

12

110

Profit/(loss) before income tax

660

543

Income tax expense

4.3.10

(104)

(71)

Profit/(loss)

555

472

Attributable to shareholders of the parent company

450

400

Attributable to non-controlling interests

4.3.30

105

72

Profit/(loss)

555

472

Earnings/(loss) per share

Notes

2022

2021

Weighted average number of shares outstanding

4.3.11

177,906,466

183,717,155

Basic earnings/(loss) per share in US$

4.3.11

2.53

2.18

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

4.3.11

2.50

2.16