| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Product Sales | ||||||
20,152 | 21,319 | 23,641 | ||||
Externalisation Revenue | ||||||
2,313 | 1,683 | 1,067 | ||||
Total Revenue | ||||||
22,465 | 23,002 | 24,708 | ||||
Cost of sales | ||||||
4,318 | 4,126 | 4,646 | ||||
Gross profit | ||||||
18,147 | 18,876 | 20,062 | ||||
Distribution costs | ||||||
310 | 326 | 339 | ||||
Research and development expense | ||||||
5,757 | 5,890 | 5,997 | ||||
Selling, general and administrative costs | ||||||
10,233 | 9,413 | 11,112 | ||||
Other operating income & expense | ||||||
1,830 | 1,655 | 1,500 | ||||
Operating profit | ||||||
3,677 | 4,902 | 4,114 | ||||
Finance income | ||||||
113 | 67 | 46 | ||||
Finance expense | ||||||
1,508 | 1,384 | 1,075 | ||||
Share of after tax losses in associates and joint ventures | ||||||
-55 | -33 | -16 | ||||
Profit before tax | ||||||
2,227 | 3,552 | 3,069 | ||||
Taxation | ||||||
-641 | 146 | 243 | ||||
Profit for the period | ||||||
2,868 | 3,406 | 2,826 | ||||
Other comprehensive income: | ||||||
Remeasurement of the defined benefit pension liability | ||||||
-242 | -575 | 652 | ||||
Fair value movements related to own credit risk on bonds designated as fair value through profit or loss | ||||||
-9 | - | - | ||||
Tax on items that will not be reclassified to profit or loss | ||||||
-16 | -136 | 199 | ||||
Total other comprehensive income that will not be reclassified to profit or loss, net of tax | ||||||
-235 | -439 | 453 | ||||
Foreign exchange arising on consolidation | ||||||
536 | -1,050 | -528 | ||||
Foreign exchange arising on designating borrowings in net investment hedges | ||||||
505 | -591 | -333 | ||||
Fair value movements on cash flow hedges | ||||||
311 | -115 | - | ||||
Fair value movements on cash flow hedges transferred to profit or loss | ||||||
315 | -195 | - | ||||
Fair value movements on derivatives designated in net investment hedges | ||||||
-48 | -4 | 14 | ||||
Amortisation of loss on cash flow hedge | ||||||
-1 | -1 | -1 | ||||
Net available for sale gains/(losses) taken to equity | ||||||
-83 | 139 | -32 | ||||
Tax on items that may be reclassified subsequently to profit or loss | ||||||
33 | -86 | -87 | ||||
Total other comprehensive income that will be reclassified to profit or loss, net of tax | ||||||
874 | -1,339 | -791 | ||||
Other comprehensive (loss) / income for the period, net of tax | ||||||
639 | -1,778 | -338 | ||||
Total comprehensive income for the period | ||||||
3,507 | 1,628 | 2,488 | ||||
Owners of the Parent | ||||||
3,001 | 3,499 | 2,825 | ||||
Non-controlling interests | ||||||
-133 | -93 | 1 | ||||
Total comprehensive income attributable to: | ||||||
Owners of the Parent | ||||||
3,640 | 1,722 | 2,488 | ||||
Non-controlling interests | ||||||
-133 | -94 | - | ||||
Basic earnings loss per (in dollars per share) | ||||||
2.37 | 2.77 | 2.23 | ||||
Diluted earnings loss per Share (in dollars per share) | ||||||
2.37 | 2.76 | 2.23 | ||||
Weighted average number of Ordinary Shares in issue for basic earnings | ||||||
1,266 | 1,265 | 1,264 | ||||
Diluted weighted average number of Ordinary Shares in issue (millions) | ||||||
1,267 | 1,266 | 1,265 | ||||
Dividends declared and paid in the period | ||||||
3,543 | 3,540 | 3,537 | ||||