Net operating profit
Table B.20 shows the reconciliation of the EBIT of the divisions to net operating profit. In addition to the EBIT of the divisions, net operating profit also includes earnings effects for which the divisions are not accountable, such as income taxes and other reconciliation items.
B.20 Reconciliation to net operating profit
|In millions of euros||% change|
|EBIT of the divisions||5,160||11,930||-57|
|Net operating profit||3,068||7,963||-61|
1 Adjusted for tax effects on interest income/expense and amortization of capitalized borrowing costs.