Consolidated Income Statements

for the years ended 31 December 2022 and 2021	Notes¹	2022 in CHF m	in %	2021 in CHF m	in %

Sales	24	5 198	100.0	4 372	100.0
Costs of goods sold		–4 173		–3 077
Gross profit		1 025	19.7	1 295	29.6

Selling, general, and administrative costs		–834		–741
Research and development costs		–160		–155
Income from associates and joint ventures	24	41		41
Operating income		72	1.4	440	10.1

Finance income	28	18		24
Finance costs	28	–84		–70
Income before taxes		6	0.1	394	9.0

Taxes	10	–107		–102
Net result from continuing operations		–101	–1.9	292	6.7
Attributable to:
Shareholders of Clariant Ltd		–133		267
Non-controlling interests		32		25

Net result from discontinued operations	25	217		81
Attributable to:
Shareholders of Clariant Ltd		217		77
Non-controlling interests		–		4

Net income		116		373
Attributable to:
Shareholders of Clariant Ltd		84		344
Non-controlling interests		32		29

Basic earnings per share attributable to the shareholders of Clariant Ltd (CHF/share)
Continuing operations	29	–0.40		0.81
Discontinued operations	29	0.66		0.23
Total		0.26		1.04

Diluted earnings per share attributable to the shareholders of Clariant Ltd (CHF/share)
Continuing operations	29	–0.40		0.81
Discontinued operations	29	0.66		0.23
Total		0.26		1.04
¹ The notes form an integral part of the consolidated financial statements.

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