Consolidated income statement

    2019
CHF
In %

2018
CHF

In %
    01.01.19 – 31.12.19 01.01.18 – 31.12.18  
       
Net sales revenue 16)* 456,796,873 103.9% 561,030,694  97.9%
   
Other operating income 17)* 1,493,2470.3% 2,699,855 0.5%
Change in inventories of semi-finished and finished products   –18,634,785 –4.2% 9,059,012 1.6%
Production revenue   439,655,334 100.0% 572,789,560 100.0%
   
Cost of materials and goods   –377,852,840 –85.9% –400,969,787 –70.0%
Gross operating profit   61,802,49414.1% 171,819,773 30.0%
   
Personnel expenses 18)* –50,757,056 –11.5% –52,980,451 –9.2%
Other operating expenses 19)* –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% 35,886,170 6.3%
   
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 % 18,649,284 3.3%
   
Income from associates and joint ventures 20)* 353,737 0.1% 413,358 0.1%
Financial result 20)* –8,691,513–2.0% –8,551,563 –1.5%
Earnings before taxes   –273,647,080–62.2% 10,511,079 1.8%
   
Non-operating result 21)* 11,297 0.0% –8,746 0.0%
Extraordinary result 22)* –342,582–0.1% –97,426 0.0%
Earnings before taxes   –273,978,365–62.3% 10,404,907 1.8%
   
Income taxes 23)* –2,585,418–0.6% –1,748,788 –0.3%
Net profit   –271,392,946–61.7% 8,656,119 1.5%
   
Attributable to:  
Parent company shareholders   –239,214,569–54.4% 2,844,707 0.5%
Minority interests   –32,178,377–7.3% 5,811,412 1.0%
Net profit   –271,392,946–61.7% 8,656,119 1.5%
   
Earnings per share (basic) 24)* –164.562.02  
Earnings per share (diluted) 24)* –164.561.39  

*Explanations in the notes