Consolidated Income Statements

for the years ended 31 December 2021 and 2020	Notes¹	2021 in CHF m	in %	2020 in CHF m	in %
				Restated²
Sales	24	4 372	100.0	3 860	100.0
Costs of goods sold		–3 077		–2 687
Gross profit		1 295	29.6	1 173	30.4

Selling, general, and administrative costs		–741		–726
Research and development costs		–155		–172
Income from associates and joint ventures	24	41		42
Operating income		440	10.1	317	8.2

Finance income	29	24		15
Finance costs	29	–70		–101
Income before taxes		394	9.0	231	6.0

Taxes	10	–102		–101
Net result from continuing operations		292	6.7	130	3.4
Attributable to:
Shareholders of Clariant Ltd		267		106
Noncontrolling interests		25		24

Net result from discontinued operations	25	81		695
Attributable to:
Shareholders of Clariant Ltd		77		678
Noncontrolling interests		4		17

Net income		373		825
Attributable to:
Shareholders of Clariant Ltd		344		784
Noncontrolling interests		29		41

Basic earnings per share attributable to the shareholders of Clariant Ltd (CHF/share)
Continuing operations	30	0.81		0.32
Discontinued operations	30	0.23		2.06
Total		1.04		2.38

Diluted earnings per share attributable to the shareholders of Clariant Ltd (CHF/share)
Continuing operations	30	0.81		0.32
Discontinued operations	30	0.23		2.05
Total		1.04		2.37
¹ The notes form an integral part of the consolidated financial statements.
² For further information on the restatement see note 1.03.

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