Income statement for the year ended
31 December 2017

CHF million

 

Notes

 

2017

%

 

2016

%

 

 

 

 

 

 

 

 

 

Sales

 

 

 

4’150

100

 

3’744

100

 

 

 

 

 

 

 

 

 

Other operating income

 

(1.2.2)

 

43

 

 

45

 

Income

 

 

 

4’193

101

 

3’789

101

 

 

 

 

 

 

 

 

 

Cost of materials and products

 

 

 

–1’991

 

 

–1’751

 

Changes in inventory of unfinished and finished goods

 

 

 

37

 

 

57

 

Operating expenses

 

(1.3.1)

 

–700

 

 

–674

 

Gross value added

 

 

 

1’539

37

 

1’421

38

 

 

 

 

 

 

 

 

 

Personnel expenses

 

(1.3.2)

 

–1’048

 

 

–978

 

Depreciation on tangible fixed assets

 

(2.4)

 

–131

 

 

–126

 

Amortization on intangible assets

 

(2.5)

 

–8

 

 

–6

 

Operating result (EBIT)

 

 

 

352

8.5

 

311

8.3

 

 

 

 

 

 

 

 

 

Interest income

 

(3.2)

 

2

 

 

2

 

Interest expense

 

(3.2)

 

–28

 

 

–30

 

Other financial result

 

(3.2)

 

–5

 

 

–3

 

Ordinary result

 

 

 

321

8

 

280

7

 

 

 

 

 

 

 

 

 

Non-operating result

 

 

 

1

 

 

1

 

Extraordinary result

 

 

 

 

 

 

Profit before taxes

 

 

 

322

8

 

281

8

 

 

 

 

 

 

 

 

 

Income taxes

 

(1.4)

 

–64

 

 

–56

 

Net profit

 

 

 

258

6

 

225

6

– Thereof attributable to shareholders of Georg Fischer Ltd

 

 

 

252

 

 

216

 

– Thereof attributable to non-controlling interests

 

 

 

6

 

 

9

 

 

 

 

 

 

 

 

 

 

Basic earnings per share in CHF

 

(1.5)

 

62

 

 

53

 

Diluted earnings per share in CHF

 

(1.5)

 

62

 

 

53