2021 UNIVERSAL REGISTRATION DOCUMENT

5.1. Compared consolidated income statements

5. 2021 Consolidated financial statements

5.1. Compared consolidated income statements
€ millions Notes 2021 2020 2019
Net sales Net salesNotes3.1 Net sales202132,287.6 Net sales202027,992.1 Net sales201929,873.6
Cost of sales

Cost of sales

Notes

 

Cost of sales

2021

-8,433.3

Cost of sales

2020

-7,532.3

Cost of sales

2019

-8,064.7

Gross profit Gross profitNotes

 

Gross profit202123,854.3 Gross profit202020,459.8 Gross profit201921,808.9
Research & Innovation expenses

Research & Innovation expenses

Notes

 

Research & Innovation expenses

2021

-1,028.7

Research & Innovation expenses

2020

-964.4

Research & Innovation expenses

2019

-985.3

Advertising and promotion expenses

Advertising and promotion expenses

Notes

 

Advertising and promotion expenses

2021

-10,591.0

Advertising and promotion expenses

2020

-8,647.9

Advertising and promotion expenses

2019

-9,207.8

Selling, general and administrative expenses

Selling, general and administrative expenses

Notes

 

Selling, general and administrative expenses

2021

-6,074.2

Selling, general and administrative expenses

2020

-5,638.5

Selling, general and administrative expenses

2019

-6,068.3

Operating profit Operating profitNotes3.1 Operating profit20216,160.3 Operating profit20205,209.0 Operating profit20195,547.5
Other income and expenses

Other income and expenses

Notes

4

Other income and expenses

2021

-432.0

Other income and expenses

2020

-709.0

Other income and expenses

2019

-436.5

Operational profit Operational profitNotes

 

Operational profit20215,728.3 Operational profit20204,500.0 Operational profit20195,111.0
Finance costs on gross debt

Finance costs on gross debt

Notes

 

Finance costs on gross debt

2021

-38.0

Finance costs on gross debt

2020

-79.2

Finance costs on gross debt

2019

-75.4

Finance income on cash and cash equivalents

Finance income on cash and cash equivalents

Notes

 

Finance income on cash and cash equivalents

2021

18.5

Finance income on cash and cash equivalents

2020

19.8

Finance income on cash and cash equivalents

2019

28.7

Finance costs, net

Finance costs, net

Notes

 

Finance costs, net

2021

-19.4

Finance costs, net

2020

-59.4

Finance costs, net

2019

-46.7

Other financial income and expenses

Other financial income and expenses

Notes

9.4

Other financial income and expenses

2021

-40.2

Other financial income and expenses

2020

-36.5

Other financial income and expenses

2019

-16.0

Sanofi dividends

Sanofi dividends

Notes

 

Sanofi dividends

2021

378.3

Sanofi dividends

2020

372.4

Sanofi dividends

2019

363.0

Profit before tax and associates

Profit before tax and associates

Notes

 

Profit before tax and associates

2021

6,046.9

Profit before tax and associates

2020

4,776.5

Profit before tax and associates

2019

5,411.4

Income tax

Income tax

Notes

6

Income tax

2021

-1,445.4

Income tax

2020

-1,209.8

Income tax

2019

-1,657.2

Share of profit in associates

Share of profit in associates

Notes

 

Share of profit in associates

2021

0.6

Share of profit in associates

2020

0.9

Share of profit in associates

2019

1.0

Net profit Net profitNotes

 

Net profit20214,602.2 Net profit20203,567.6 Net profit20193,755.2
Attributable to:

Attributable to:

Notes

 

Attributable to:

2021

 

Attributable to:

2020

 

Attributable to:

2019

 

•owners of the company

•owners of the company

Notes

 

•owners of the company

2021

4,597.1

•owners of the company

2020

3,563.4

•owners of the company

2019

3,750.0

•non-controlling interests

•non-controlling interests

Notes

 

•non-controlling interests

2021

5.1

•non-controlling interests

2020

4.2

•non-controlling interests

2019

5.2

Earnings per share attributable to owners of the company (euros)

Earnings per share attributable to owners of the company (euros)

Notes

 

Earnings per share attributable to owners of the company (euros)

2021

8.24

Earnings per share attributable to owners of the company (euros)

2020

6.37

Earnings per share attributable to owners of the company (euros)

2019

6.70

Diluted earnings per share attributable to owners of the company (euros)

Diluted earnings per share attributable to owners of the company (euros)

Notes

 

Diluted earnings per share attributable to owners of the company (euros)

2021

8.21

Diluted earnings per share attributable to owners of the company (euros)

2020

6.34

Diluted earnings per share attributable to owners of the company (euros)

2019

6.66

Earnings per share attributable to owners of the company, excluding non-recurring items (euros)

Earnings per share attributable to owners of the company, excluding non-recurring items (euros)

Notes

11.4

Earnings per share attributable to owners of the company, excluding non-recurring items (euros)

2021

8.86

Earnings per share attributable to owners of the company, excluding non-recurring items (euros)

2020

7.33

Earnings per share attributable to owners of the company, excluding non-recurring items (euros)

2019

7.78

Diluted earnings per share attributable to owners of the company, excluding non-recurring items (euros)

Diluted earnings per share attributable to owners of the company, excluding non-recurring items (euros)

Notes

11.4

Diluted earnings per share attributable to owners of the company, excluding non-recurring items (euros)

2021

8.82

Diluted earnings per share attributable to owners of the company, excluding non-recurring items (euros)

2020

7.30

Diluted earnings per share attributable to owners of the company, excluding non-recurring items (euros)

2019

7.74