Consolidated income statement
For the years ended 31 December 2020 and 2019, CHF million |
Notes |
2020 |
% |
2019 |
% |
|
|
|
|
|
|
Sales |
1.2.1 |
3’184 |
100 |
3’720 |
100 |
|
|
|
|
|
|
Other operating income |
1.2.2 |
43 |
|
34 |
|
Income |
|
3’227 |
101 |
3’754 |
101 |
|
|
|
|
|
|
Cost of materials and products |
|
–1’463 |
|
–1’758 |
|
Changes in inventory of unfinished and finished goods |
|
–6 |
|
55 |
|
Operating expenses |
1.3.1 |
–576 |
|
–665 |
|
Gross value added |
|
1’182 |
37 |
1’386 |
37 |
|
|
|
|
|
|
Personnel expenses |
1.3.2 |
–883 |
|
–1’012 |
|
Depreciation on tangible fixed assets |
2.4 |
–127 |
|
–133 |
|
Amortization on intangible assets |
|
–6 |
|
–6 |
|
Operating result (EBIT) |
|
166 |
5.2 |
235 |
6.3 |
|
|
|
|
|
|
Interest income |
3.2 |
5 |
|
5 |
|
Interest expense |
3.2 |
–24 |
|
–26 |
|
Other financial result |
3.2 |
|
|
–4 |
|
Share of results of associates |
3.2 |
–7 |
|
–13 |
|
Ordinary result |
|
140 |
4 |
197 |
5 |
|
|
|
|
|
|
Non-operating result |
1.4 |
3 |
|
6 |
|
Profit before taxes |
|
143 |
4 |
203 |
5 |
|
|
|
|
|
|
Income taxes |
1.5 |
–31 |
|
–31 |
|
Net profit |
|
112 |
4 |
172 |
5 |
– Thereof attributable to shareholders of Georg Fischer Ltd |
|
116 |
|
173 |
|
– Thereof attributable to non-controlling interests |
|
–4 |
|
–1 |
|
|
|
|
|
|
|
Basic earnings per share in CHF |
1.6 |
28 |
|
42 |
|
Diluted earnings per share in CHF |
1.6 |
28 |
|
42 |
|