Consolidated income statement
in CHF 000s|
|
Notes |
2018 |
% |
2017 |
% |
|
Sales of products |
|
3,432,739 |
|
3,338,561 |
|
|
Sales of services |
|
24,673 |
|
25,703 |
|
|
Net sales |
1 |
3,457,412 |
100.0 |
3,364,264 |
100.0 |
|
|
|
|
|
|
|
|
Change in inventories of semi-finished and finished products |
|
-17,582 |
0.5 |
-12,263 |
0.4 |
|
Cost of materials and services |
|
-2,186,974 |
63.3 |
-2,151,146 |
63.9 |
|
Gross operating profit |
|
1,252,856 |
36.2 |
1,200,855 |
35.7 |
|
|
|
|
|
|
|
|
Other operating income |
2 |
5,338 |
0.2 |
5,692 |
0.2 |
|
|
|
|
|
|
|
|
Personnel expenses |
|
-458,463 |
13.3 |
-443,232 |
13.2 |
|
Other operating expenses |
3 |
-446,889 |
12.9 |
-422,631 |
12.6 |
|
Operating expenses |
|
-905,352 |
26.2 |
-865,863 |
25.8 |
|
|
|
|
|
|
|
|
Earnings before interest 1) , taxes, depreciation and amortisation (EBITDA) |
|
352,842 |
10.2 |
340,684 |
10.1 |
|
|
|
|
|
|
|
|
Depreciation on property, plant and equipment |
4 |
-96,973 |
2.8 |
-97,140 |
2.9 |
|
Amortisation on intangible assets |
4 |
-39,456 |
1.1 |
-38,027 |
1.1 |
|
Write-back of negative goodwill |
|
311 |
|
310 |
|
|
Earnings before interest 1) and taxes (EBIT) |
|
216,724 |
6.3 |
205,827 |
6.1 |
|
|
|
|
|
|
|
|
Income from associates and joint ventures |
5 |
78,343 |
|
3,613 |
|
|
Financial result |
6 |
-6,497 |
|
-10,387 |
|
|
Earnings before taxes (EBT) |
|
288,570 |
8.3 |
199,053 |
5.9 |
|
|
|
|
|
|
|
|
Income taxes |
7 |
-50,221 |
|
-30,305 |
|
|
Profit incl. minority interests |
|
238,349 |
6.9 |
168,748 |
5.0 |
|
|
|
|
|
|
|
|
Minority interests |
|
-5,073 |
|
-7,174 |
|
|
Net profit |
|
233,276 |
6.7 |
161,574 |
4.8 |
|
|
|
|
|
|
|
|
Earnings per share (diluted/basic in CHF) |
8 |
43.60 |
|
30.20 |
|
1) Incl. income from associates and joint ventures and other financial positions that are reported in the financial result.