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CONSOLIDATED INCOME STATEMENT - EUR (€) € in Millions | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Profit or loss [abstract] |  |  |
Revenue | € 6,152 | € 4,883 | € 5,907
Cost of sales | (5,488) | (4,393) | (5,305)
Gross profit | 664 | 490 | 602
Selling and administrative expenses | (258) | (237) | (276)
Research and development expenses | (39) | (39) | (48)
Other gains and losses - net | 117 | (89) | (23)
Income from operations | 484 | 125 | 255
Finance costs - net | (167) | (159) | (175)
Share of income of joint-ventures | 0 | 0 | 2
Income / (loss) before tax | 317 | (34) | 82
Income tax (expense) / benefit | (55) | 17 | (18)
Net income / (loss) | 262 | (17) | 64
Net income / (loss) attributable to: |  |  |
Equity holders of Constellium | 257 | (21) | 59
Non-controlling interests | 5 | 4 | 5
Net income / (loss) | € 262 | € (17) | € 64
Earnings per share attributable to the equity holders of Constellium (in Euros) |  |  |
Basic (in EUR per share) | € 1.82 | € (0.15) | € 0.43
Diluted (in EUR per share) | € 1.75 | € (0.15) | € 0.41
Weighted average number of shares |  |  |
Basic (in shares) | 140,995,106 | 138,739,635 | 136,856,978
Diluted (in shares) | 147,169,971 | 138,739,635 | 142,645,619

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