Gates industrial corporation plc (GTES)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Net sales

3,087

3,347

3,041

2,747

Cost of sales

1,944

2,017

1,823

1,686

Gross profit

1,142

1,330

1,218

1,060

Selling, general and administrative expenses

777

805

777

737

Transaction-related (income) expenses

2

6

18

0

Asset Impairment Charges

0

0

2

3

Restructuring expenses

6

6

17

11

Other operating expenses

-9

-14

0

-2

Operating income from continuing operations

346

496

402

305

Interest expense

157

175

234

216

Other income

9

-17

-58

4

Income from continuing operations before taxes

198

303

109

93

Income tax benefit

-495

31

-72

21

Net income from continuing operations

694

271

182

71

Loss on disposal of discontinued operations, net of tax, respectively, of $0 and $0

-0

-0

0

12

Net income

694

271

182

84

Less: non-controlling interests

4

25

31

26

Net income attributable to shareholders

690

245

151

57

Earnings per share
Basic
Earnings per share from continuing operations (in usd per share)

2.38

0.86

0.62

0.18

Earnings per share from discontinued operations (in usd per share)

0.00

0.00

0.00

0.05

Earnings per share (in usd per share)

2.38

0.86

0.62

0.23

Diluted
Earnings per share from continuing operations (in usd per share)

2.37

0.84

0.60

0.18

Earnings per share from discontinued operations (in usd per share)

0.00

0.00

0.00

0.05

Earnings per share (in usd per share)

2.37

0.84

0.60

0.23