150 ars of Continental 2020 Annual Report of Continental Aktiengesellschaft

The management report of Continental Aktiengesell-schaft is combined with the management report of the Continental Corporation in accordance with Section 315 (5) of the German Commercial Code (Handelsgesetzbuch) and published in Continental's Annual Report for 2020.

The annual financial statements and the summarized management report of Continental Aktiengesellschaft for fiscal 2020 are published in the electronic German Federal Gazette (elektronischer Bundesanzeiger).

2020 Annual Report, Continental Aktiengesellschaft

3

Annual Report of Continental Aktiengesellschaft

  • 4 Income Statement

  • 5 Balance Sheet

  • 6 Statement of Changes in Non-Current Assets

  • 7 Notes to the Annual Financial Statements

  • 8 Accounting Policies

  • 9 Notes to the Balance Sheet, Assets

  • 11 Notes to the Balance Sheet, Equity and Liabilities

  • 14 Notes to the Income Statement

  • 16 Other Disclosures

  • 33 Independent Auditor's Report

  • 38 Responsibility Statement in Accordance with Sections 264 (2) and 289 (1) of the German Commercial Code

    (Handelsgesetzbuch - HGB)

  • 39 Members of the Executive Board and Their Directorships

  • 40 Members of the Supervisory Board and Their Directorships

  • 42 Financial Calendar

  • 42 Publication Details

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2020 Annual Report, Continental Aktiengesellschaft

Continental Aktiengesellschaft Income Statement

€ millions

See Note

2020

2019

Sales

12

277.6

299.4

Cost of sales

-267.3

-287.6

Gross margin on sales

10.3

11.8

General administrative expenses

-176.9

-177.2

Other operating income

13

51.3

67.5

Other operating expenses

14

-98.8

-73.4

Net investment income

15

1,146.1

5,294.0

Income from other securities and long-term loans

11.0

16.2

Amortization of investments and of short-term securities

-0.2

-0.4

Net interest result

16

-85.3

-31.8

Result from activities

857.5

5,106.7

Income tax expense

17

-74.6

-59.2

Net income

782.9

5,047.5

Accumulated profits brought forward from the previous year

5,256.0

808.5

Retained earnings

6,038.9

5,856.0

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Continental AG published this content on 19 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2021 09:39:08 UTC.