|
|
Share capital |
Capital reserves (premium) |
Retained earnings |
Goodwill offset |
Currency translation differences |
Total retained earnings |
Equity excl. minority interests |
Minority interests |
Equity incl. minority interests |
|
Balance at 1 January 2024 |
53,498 |
2,088 |
2,255,916 |
-1,018,539 |
– |
1,237,377 |
1,292,963 |
121,921 |
1,414,884 |
|
|
|
|
|
|
|
|
|
|
|
|
Change in scope of consolidation |
– |
– |
– |
– |
– |
– |
– |
10,720 |
10,720 |
|
Offset goodwill/ negative goodwill |
– |
– |
– |
-424,369 |
– |
-424,369 |
-424,369 |
– |
-424,369 |
|
Acquisition of minority interests |
– |
– |
– |
– |
– |
– |
– |
-1,639 |
-1,639 |
|
Profit |
– |
– |
220,288 |
– |
– |
220,288 |
220,288 |
17,835 |
238,123 |
|
Currency translation differences |
– |
– |
– |
– |
-11,907 |
-11,907 |
-11,907 |
-9,775 |
-21,682 |
|
Dividend |
– |
– |
-82,922 |
– |
– |
-82,922 |
-82,922 |
-3,314 |
-86,236 |
|
Balance at 31 December 2024 |
53,498 |
2,088 |
2,393,282 |
-1,442,908 |
-11,907 |
938,467 |
994,053 |
135,748 |
1,129,801 |
|
|
|
|
|
|
|
|
|
|
|
|
Offset goodwill |
– |
– |
– |
-31,613 |
– |
-31,613 |
-31,613 |
– |
-31,613 |
|
Acquisition of minority interests |
– |
– |
– |
– |
– |
– |
– |
-7,785 |
-7,785 |
|
Profit |
– |
– |
227,056 |
– |
– |
227,056 |
227,056 |
20,467 |
247,523 |
|
Currency translation differences |
– |
– |
– |
– |
-19,690 |
-19,690 |
-19,690 |
-3,453 |
-23,143 |
|
Dividend |
– |
– |
-88,272 |
– |
– |
-88,272 |
-88,272 |
-2,530 |
-90,802 |
|
Balance at 31 December 2025 |
53,498 |
2,088 |
2,532,066 |
-1,474,521 |
-31,597 |
1,025,948 |
1,081,534 |
142,447 |
1,223,981 |
As at 31 December 2025, 5,349,810 registered shares with a par value of CHF 10 were issued (unchanged from previous year). With regard to the rights associated with the shares, we refer to note 2 in the Corporate Governance report.
The accumulated non-distributable reserves amounted to CHF 38.5 million (previous year: CHF 37.9 million).