FY 2022 Results
2022 income statement
in €m
2021 (1)
2022
Net Sales
70,462
81,385
Net sales, net of loyalty program costs
69,669
80,543
Other revenue
2,091
2,546
Total revenue
71,760
83,089
Cost of goods sold
(56,865)
(66,776)
Gross margin
14,896
16,313
SG&A
(10,837)
(11,958)
Recurring operating income before D&A (EBITDA)
4,307
4,613
Amortization
(1,864)
(1,978)
Recurring operating income (ROI)
2,194
2,377
Recurring operating income including income from associates
2,206
2,427
and joint ventures
Non-recurring income and expenses
(366)
36
Operating income
1,840
2,463
Financial expense
(270)
(490)
Income before taxes
1,570
1,973
Income tax expense
(360)
(408)
Net income from continuing operations, Group share
Net income from discontinued operations, Group share
1,002
1,368
70
(21)
Net income, Group share
Adjusted net income, Group share
Depreciation from supply chain (in COGS)
(1) Carrefour Taiwan reclassified as held for sale as per IFRS 5
FY 2022 RESULTS
1,072
1,348
1,126
1,212
(248)
(258)
February 14, 2023
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