The audit procedures were carried out and the Statutory Auditors' report is being issued at the date of the results publication.
5 FINANCIAL STATEMENTS NEXANS 2021
5.1. Consolidated financial statements ................................................................................... 2
5.1.1. CONSOLIDATED INCOME STATEMENT ....................................................................................................................... 2
5.1.2. CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME .......................................................................................... 3
5.1.3. CONSOLIDATED BALANCE SHEET ............................................................................................................................ 4
5.1.4. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY................................................................................................... 6
5.1.5. CONSOLIDATED STATEMENT OF CASH FLOWS ............................................................................................................ 7
5.1.6. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ............................................................................................... 8
1
The audit procedures were carried out and the Statutory Auditors' report is being issued at the date of the results publication.
5.1. Consolidated financial statements
5.1.1. Consolidated income statement
(in millions of euros)
2021
2020
7,374
5,979
Cost of sales
(6,593)
(5,324)
GROSS PROFIT
781
654
Administrative and selling expenses
(401)
(385)
R&D costs
(80)