Consolidated Income Statement  

in € millionsNotes20142013 (adjusted)
Other operating income2551632
Changes in inventories277204
Own costs capitalized2021
Cost of materials(5,937)(5,786)
Royalty and license fees(1,257)(1,149)
Personnel costs3(5,099)(4,965)
Amortization/depreciation, impairment losses and reversals of intangible assets and property, plant and equipment4(792)(629)
Other operating expenses5(3,176)(3,020)
Results from investments accounted for using the equity method64554
Impairment and reversals of impairment on investments accounted for using the equity method6462
Results from financial assets6(6)3
Results from disposals of investments(155)111
EBIT (earnings before interest and taxes)1,1501,717
Interest income82319
Interest expenses8(109)(194)
Other financial income95530
Other financial expenses9(264)(216)
Financial result(295)(361)
Earnings before taxes from continuing operations8551,356
Income taxes10(286)(413)
Earnings after taxes from continuing operations569943
Earnings after taxes from discontinued operations4(58)
Group profit or loss573885
attributable to:
Bertelsmann shareholders
Earnings from continuing operations159571
Earnings from discontinued operations4(58)
Earnings attributable to Bertelsmann shareholders163513
Non-controlling interests
Earnings from continuing operations410372
Earnings from discontinued operations
Earnings attributable to non-controlling interests410372