Consolidated statement of changes in equity

January 1–December 31

 

 

Attributable to shareholders of Sulzer Ltd

 

 

millions of CHF

Notes

Share capital

Retained earnings

Treasury shares

Cash flow hedge reserve

Currency translation adjustment

Total

Non-controlling interests

Total equity

Equity as of January 1, 2016

 

0.3

2’661.4

–17.8

–9.2

–410.0

2’224.7

9.5

2’234.2

Comprehensive income for the year:

 

 

 

 

 

 

 

 

 

Net income

 

 

59.0

 

 

 

59.0

1.1

60.1

– Cash flow hedges, net of tax

28

 

 

 

–1.8

 

–1.8

 

–1.8

– Remeasurements of defined benefit obligations, net of tax

9

 

–82.1

 

 

 

–82.1

 

–82.1

– Currency translation differences

 

 

 

 

 

–5.4

–5.4

–0.3

–5.7

Other comprehensive income

 

 

–82.1

 

–1.8

–5.4

–89.3

–0.3

–89.6

Total comprehensive income for the year

 

–23.1

–1.8

–5.4

–30.3

0.8

–29.5

Transactions with owners of the company:

 

 

 

 

 

 

 

 

 

Allocation of treasury shares to share plan participants

 

 

–4.1

4.1

 

 

0.0

 

0.0

Acquisition of treasury shares

 

 

 

–3.2

 

 

–3.2

 

–3.2

Share-based payments

31

 

7.5

 

 

 

7.5

 

7.5

Dividends

 

 

–617.5

 

 

 

–617.5

–0.5

–618.0

Equity as of December 31, 2016

23

0.3

2’024.2

–16.9

–11.0

–415.4

1’581.2

9.8

1’591.0

 

 

 

 

 

 

 

 

 

 

Comprehensive income for the year:

 

 

 

 

 

 

 

 

 

Net income

 

 

83.2

 

 

 

83.2

4.0

87.2

– Cash flow hedges, net of tax

28

 

 

 

4.5

 

4.5

 

4.5

– Remeasurements of defined benefit obligations, net of tax

9

 

91.8

 

 

 

91.8

 

91.8

– Currency translation differences

 

 

 

 

 

54.4

54.4

0.2

54.6

Other comprehensive income

 

 

91.8

 

4.5

54.4

150.7

0.2

150.9

Total comprehensive income for the year

 

175.0

4.5

54.4

233.9

4.2

238.1

Transactions with owners of the company:

 

 

 

 

 

 

 

 

 

Changes in ownership in subsidiaries

 

 

 

 

 

 

0.0

9.8

9.8

Put option liability

4

 

–14.6

 

 

 

–14.6

 

–14.6

Allocation of treasury shares to share plan participants

 

 

–6.6

6.6

 

 

0.0

 

0.0

Acquisition of treasury shares

 

 

 

–11.8

 

 

–11.8

 

–11.8

Share-based payments

31

 

10.8

 

 

 

10.8

 

10.8

Dividends

 

 

–119.4

 

 

 

–119.4

–1.5

–120.9

Equity as of December 31, 2017

23

0.3

2’069.4

–22.1

–6.5

–361.0

1’680.1

22.3

1’702.4