Georg Fischer Ltd income
statement

CHF 1’000	Notes	2021	2020

Dividend income		150’525	156’504
Income from GF Corporate Companies	3.1	58’363	50’077
Commission income from GF Corporate Companies	3.2	8’002	8’466
Other income		1’790	2’061
Total income		218’680	217’108

Value adjustment on investments			–67’610
Other expenses for investments		–2’585	–3’316
Cost of services provided by GF Corporate Companies		–2’604	–3’166
Personnel expenses		–27’574	–21’104
Other operating expenses	3.3	–19’600	–15’459
Depreciation on tangible and intangible fixed assets		–348
Operating result		165’969	106’453

Financial income	3.4	5’784	10’088
Financial expenses	3.4	–8’352	–22’111
Profit before taxes		163’401	94’430

Direct taxes		–2’903	–391
Net profit for the year		160’498	94’039