Consolidated income statement

  2019
CHF
In %

2018
CHF

In %
  01.01.19 – 31.12.19 01.01.18 – 31.12.18 
    
Net sales revenue16)*456,796,873 103.9% 561,030,694 97.9%
  
Other operating income17)*1,493,2470.3% 2,699,8550.5%
Change in inventories of semi-finished and finished products –18,634,785 –4.2% 9,059,0121.6%
Production revenue 439,655,334 100.0% 572,789,560100.0%
  
Cost of materials and goods –377,852,840 –85.9% –400,969,787–70.0%
Gross operating profit 61,802,49414.1% 171,819,77330.0%
  
Personnel expenses18)*–50,757,056 –11.5% –52,980,451–9.2%
Other operating expenses19)*–85,754,471 –19.5% –82,953,152–14.5%
Total operating expenses –136,511,528 –31.0% –135,933,602–23.7%
  
EBITDA –74,709,034 –17.0% 35,886,1706.3%
  
Depreciation of fixed assets –47,891,135–10.9% –13,030,333–2.3%
Amortisation of intangible assets –3,707,670–0.8% –1,357,063–0.2 %
Impairment of investments –139,001,465 –31.6% –2,849,490–0.5%
EBIT –265,309,304–60.3 % 18,649,2843.3%
  
Income from associates and joint ventures20)*353,737 0.1% 413,3580.1%
Financial result20)*–8,691,513–2.0% –8,551,563–1.5%
Earnings before taxes –273,647,080–62.2% 10,511,0791.8%
  
Non-operating result21)*11,297 0.0% –8,7460.0%
Extraordinary result22)*–342,582–0.1% –97,4260.0%
Earnings before taxes –273,978,365–62.3% 10,404,9071.8%
  
Income taxes23)*–2,585,418–0.6% –1,748,788–0.3%
Net profit –271,392,946–61.7% 8,656,1191.5%
  
Attributable to: 
Parent company shareholders –239,214,569–54.4% 2,844,7070.5%
Minority interests –32,178,377–7.3% 5,811,4121.0%
Net profit –271,392,946–61.7% 8,656,1191.5%
  
Earnings per share (basic)24)*–164.562.02 
Earnings per share (diluted)24)*–164.561.39 

*Explanations in the notes