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Consolidated Income Statements - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated Income Statements      
Cloud € 13,664 € 11,426 € 8,701
Software licenses 1,764 2,056 3,248
Software support 11,496 11,909 11,412
Software licenses and support 13,261 13,965 14,660
Cloud and software 26,924 25,391 23,361
Services 4,283 4,128 3,592
Total revenue 31,207 29,520 26,953
Cost of cloud (3,884) (3,499) (2,881)
Cost of software licenses and support (1,383) (1,384) (1,598)
Cost of cloud and software (5,267) (4,883) (4,479)
Cost of services (3,407) (3,155) (2,740)
Total cost of revenue (8,674) (8,038) (7,219)
Gross profit 22,534 21,482 19,734
Research and development (6,324) (6,080) (5,270)
Sales and marketing (8,828) (7,946) (6,856)
General and administration (1,364) (1,289) (1,187)
Restructuring (215) (138) (157)
Other operating income/expense, net (16) 60 44
Total operating expenses (25,420) (23,429) (20,645)
Operating profit 5,787 6,090 6,308
Other non-operating income/expense, net 9 (187) 19
Finance income 857 811 3,123
Finance costs (1,313) (2,200) (945)
Financial income, net (456) (1,389) 2,178
Profit before tax from continuing operations 5,341 4,513 8,505
Income tax expense (1,741) (1,446) (1,682)
Profit after tax from continuing operations 3,600 3,068 6,824
Attributable to owners of parent 3,634 3,277 6,429
Attributable to non-controlling interests (33) (210) 395
Profit (loss) after tax from discontinued operations 2,363 (1,359) (1,447)
Profit after tax [1] 5,964 1,708 5,376
Attributable to owners of parent [1] 6,139 2,284 5,256
Attributable to non-controlling interests [1] € (175) € (576) € 121
Earnings per share, basic from continuing operations (in Euro per share) € 3.11 € 2.80 € 5.45
Earnings per share, basic (in Euro per share) 5.26 1.95 4.46
Earnings per share, diluted from continuing operations (in Euro per share) 3.08 2.79 5.45
Earnings per share, diluted (in Euro per share) € 5.20 € 1.94 € 4.46
[1] From continuing and discontinued operations