Consolidated income statement

   

2018

CHF

In %

2017

CHF

in %
    01.01.18 – 31.12.18   01.01.17 – 31.12.17  
           
Net sales revenue 16)* 561,030,694 97.9% 600,526,789 99.5%
       
Other operating income 17)* 2,699,855 0.5% 418,866 0.1%
Change in inventories of semi-finished and finished products   9,059,012 1.6% 2,793,543 0.5%
Production revenue   572,789,560 100.0% 603,739,199 100.0%
       
Cost of materials and goods   –400,969,787 –70.0% –431,638,114 –71.5%
Gross operating profit   171,819,773 30.0% 172,101,085 28.5%
       
Personnel expenses 18)* –52,980,451 –9.2% –50,999,655 –8.4%
Other operating expenses 19)* –82,953,152 –14.5% –65,382,317 –10.8%
Total operating expenses   –135,933,602 –23.7% –116,381,972 –19.3%
       
EBITDA   35,886,170 6.3% 55,719,112 9.2%
       
Depreciation of fixed assets   –13,030,333 –2.3% –12,335,665 –2.0%
Amortisation of intangible assets   –1,357,063 –0.2 % –767,328 –0.1%
Impairment of investments   –2,849,490 –0.5% 0 0.0%
EBIT   18,649,284 3.3% 42,616,120 7.1%
       
Income from associates and joint ventures 20)* 413,358 0.1% 528,491 0.1%
Financial result 20)* –8,551,563 –1.5% 2,755,750 0.5%
Earnings before taxes   10,511,079 1.8% 45,900,360 7.6%
       
Non-operating result 21)* –8,746 0.0% –34,209 0.0%
Extraordinary result 22)* –97,426 0.0% –10,518 0.0%
Earnings before taxes   10,404,907 1.8% 45,855,633 7.6%
       
Income taxes 23)* –1,748,788 –0.3% –5,009,856 –0.8%
Net profit   8,656,119 1.5% 40,845,777 6.8%
       
Attributable to:  
Parent company shareholders   2,844,707 0.5% 25,894,285 4.3%
Minority interests   5,811,412 1.0% 14,951,493 2.5%
Net profit   8,656,119 1.5% 40,845,777 6.8%
       
Earnings per share (basic) 24)* 2.02   18.43  
Earnings per share (diluted) 24)* 1.39   12.22  

*Explanations in the notes