7. Net Sales

Net sales are derived primarily from product deliveries. Total reported net sales for 2015 amounted to €46,324 million, rising by €4,985 million, or 12.1%, compared to 2014. The increase resulted from the following factors:

Factors in Sales Development

 

 

2015

 

 

€ million

 

%

Volume

 

1,817

 

+4.4

Price

 

(713)

 

−1.7

Currency

 

2,420

 

+5.9

Portfolio

 

1,461

 

+3.5

Total

 

4,985

 

+12.1

Breakdowns of net sales by segment and by region are given in the table in Note [1].