Consolidated income statement

    2018
CHF
In % Restated
2017
CHF
In %
    01.01.18 – 30.06.18   01.01.17 – 30.06.17  
         
Net sales revenue   281,594,477 91.8% 302,382,934 96.7%
   
Other operating income 212,979 0.1% 194,646 0.1%
Change in inventories of semi-finished and finished products 24,859,751 8.1% 10,266,357 3.3%
Production revenue   306,667,208 100.0% 312,843,937 100.0%
   
Cost of materials and goods   –224,665,050 –73.3% –233,556,416 –74.7%
Gross operating profit   82,002,158 26.7% 79,287,521 25.3%
   
Personnel expenses –27,493,921 –9.0% –25,282,727 –8.1%
Other operating expenses –41,457,730 –13.5% –32,307,657 –10.3%
Total operating expenses   –68,951,651 –22.5% –57,590,384 –18.4%
   
EBITDA   13,050,507 4.3% 21,697,137 6.9%
           
Depreciation of fixed assets   –6,596,059 –2.2% –5,581,225 –1.8%
Amortisation of intangible assets   –673,064 –0.2% –335,573 –0.1%
Impairment of shareholdings –2,849,490 –0.9% 0 0.0%
EBIT   2,931,893 1.0% 15,780,339 5.0%
   
Income from associates and joint ventures 267,329 0.1% 219,360 0.1%
Financial result –4,625,415 –1.5% –15,465 –0.0%
Earnings from operating activities   –1,426,193 –0.5% 15,984,234 5.1%
   
Non-operating result –9,882 –0.0% –16,439 –0.0%
Extraordinary result –106,045 –0.0% 39,626 0.0%
Earnings before taxes   –1,542,120 –0.5% 16,007,420 5.1%
   
Income taxes –655,458 –0.2% –2,022,536 –0.6%
Net profit   –2,197,578 –0.7% 13,984,884 4.5%
           
Attributable to:          
Parent company shareholders   –2,231,758 –0.7% 7,946,120 2.5%
Minority interests   34,179 0.0% 6,038,764 1.9%
Net profit   –2,197,578 –0.7% 13,984,884 4.5%
           
Earnings per share (basic) –1.59   5.65  
Earnings per share (diluted) –1.59   3.75