www.se.com 344 Schneider Electric Universal Registration Document 2021 Chapter 5 – Consolidated financial statements at December 31, 2021 5.1 Consolidated statement of income (in millions of euros except for earnings per share) Note Full Year 2021 Full Year 2020 Revenue 3 28,905 25 ,15 9 Cost of sales (17, 0 6 2) (15,003) Gross profit 11,8 4 3 10,15 6 Research and development 4 (855) (718) Selling, general and administrative expenses (6,001) (5,512) Adjusted EBITA* 3 4,987 3,926 Other operating income and expenses 6 (21) (210) Restructuring costs (225) (421) EBITA* * 4,741 3,295 Amortization and impairment of purchase accounting intangibles 5 (410) (207) Operating income 4,331 3,088 Interest income 4 14 Interest expense (99) (126) Finance costs, net (95) (112) Other financial income and expense 7 (81) (166) Net financial income/(loss) (176) (278) Profit from continuing operations before income tax 4 ,15 5 2,810 Income tax expense 8 (966) (638) Share of profit/(loss) of associates 12 84 66 PROFIT FOR THE YEAR 3,273 2,238 attributable to owners of the parent 3,204 2,126 attributable to non-controlling interests 69 112 Basic earnings (attributable to owners of the parent) per share (in euros per share) 19 5.76 3.84 Diluted earnings (attributable to owners of the parent) per share (in euros per share) 19 5.67 3.81 * Adjusted EBITA (Earnings Before Interest, Taxes, Amortization of Purchase Accounting Intangibles). Adjusted EBITA corresponds to operating profit before amortization and impairment of purchase accounting intangible assets, before goodwill impairment, other operating income and expenses and restructuring costs. ** EBITA (Earnings Before Interest, Taxes and Amortization of Purchase Accounting Intangibles). EBITA corresponds to operating profit before amortization and impairment of purchase accounting intangible assets and before goodwill impairment. The accompanying notes are an integral part of the consolidated financial statements.