The audit procedures have been carried out and the Statutory Auditors' report is being issued.
Consolidated financial statements
1. Consolidated income statement
(in millions of euros)
Notes
2017
2016
1.E.a and 3
6,370
5,814
Metal price effect(1)
(1,799)
(1,383)
SALES AT CONSTANT METAL PRICES(1)
4,571
4,431
Cost of sales
(5,510)
(5,002)
Cost of sales at constant metal prices(1)
(3,711)
(3,619)
NET SALES
1.E.a and 3
GROSS PROFIT
860
