Consolidated income statement
in CHF 000s|
|
Notes |
2020 1) |
% |
2019 (restated) |
% |
|
Sales of products |
|
3,677,418 |
|
3,464,883 |
|
|
Sales of services |
|
28,643 |
|
29,080 |
|
|
Net sales |
1 |
3,706,061 |
100.0 |
3,493,963 |
100.0 |
|
|
|
|
|
|
|
|
Change in inventories of semi-finished and finished products |
|
-28,623 |
0.8 |
-12,468 |
0.3 |
|
Cost of materials and services |
|
-2,327,750 |
62.8 |
-2,214,890 |
63.4 |
|
Gross operating profit |
|
1,349,688 |
36.4 |
1,266,605 |
36.3 |
|
|
|
|
|
|
|
|
Other operating income |
2 |
4,526 |
0.1 |
6,934 |
0.2 |
|
|
|
|
|
|
|
|
Personnel expenses |
|
-493,834 |
13.3 |
-462,359 |
13.3 |
|
Other operating expenses |
3 |
-484,041 |
13.0 |
-458,268 |
13.1 |
|
Operating expenses |
|
-977,875 |
26.3 |
-920,627 |
26.4 |
|
|
|
|
|
|
|
|
Earnings before interest 2) , taxes, depreciation and amortisation (EBITDA) |
|
376,339 |
10.2 |
352,912 |
10.1 |
|
|
|
|
|
|
|
|
Depreciation on property, plant and equipment |
4 |
-108,702 |
3.0 |
-96,598 |
2.8 |
|
Amortisation on intangible assets |
4 |
-11,030 |
0.3 |
-13,403 |
0.3 |
|
Write-back of negative goodwill |
|
– |
|
310 |
|
|
Earnings before interest 2) and taxes (EBIT) |
|
256,607 |
6.9 |
243,221 |
7.0 |
|
|
|
|
|
|
|
|
Income from associates and joint ventures |
|
-966 |
|
2,284 |
|
|
Financial result |
5 |
-13,384 |
|
-6,754 |
|
|
Earnings before taxes (EBT) |
|
242,257 |
6.5 |
238,751 |
6.8 |
|
|
|
|
|
|
|
|
Income taxes |
6 |
-40,637 |
|
-34,784 |
|
|
Profit incl. minority interests |
|
201,620 |
5.4 |
203,967 |
5.8 |
|
|
|
|
|
|
|
|
Minority interests |
|
-13,228 |
|
-8,972 |
|
|
Net profit |
|
188,392 |
5.1 |
194,995 |
5.6 |
|
|
|
|
|
|
|
|
Earnings per share (diluted/basic in CHF) |
7 |
35.21 |
|
36.45 |
|
1) Please refer to page 1 for earnings adjusted for the loss on the sale of Lácteos Caprinos S.A.
2) Incl. income from associates and joint ventures and other financial positions that are reported in the financial result.