Section 03 - Income statement

From NET SALES to CONTRIBUTION MARGIN

• Net Sales & Other Revenues from Business
• Variable selling expenses
• Variable costs of sales

From CONTRIBUTION MARGIN to GROSS MARGIN

• Non-proportional costs of sales
• Other costs on activities
• Miscellaneous production

From GROSS MARGIN to REBIT

• Administrative, Commercial, R&D
• Other recurring operating gains & losses (incl Operating gains & losses on foreign exchange)

From REBIT to EBIT

• Restructuring
• Non-recurring items

From EBIT to INCOME BEFORE TAX

• Financial income & charges on net debt + on employee benefits provisions
• Dividends received from equity instruments measured at fair value through OCI and  from consolidated companies
• Foreign exchange gains and losses on financial items

From INCOME BEFORE TAX to INCOME/(LOSS) ATTRIBUTABLE TO EQUITY HOLDERS

• Income tax
• Non-controlling interests
• Gains & losses from discontinued operations