Consolidated income statement
January 1 – December 31
millions of CHF |
Notes |
2018 |
2017 |
Sales |
3 |
3’364.9 |
3’049.0 |
Cost of goods sold |
|
–2’386.6 |
–2’112.4 |
Gross profit |
|
978.3 |
936.6 |
Selling and distribution expenses |
|
–354.4 |
–337.2 |
General and administrative expenses |
|
–384.4 |
–362.7 |
Research and development expenses |
10 |
–86.4 |
–81.0 |
Other operating income and expenses, net |
11 |
30.8 |
–19.2 |
Operating income |
|
183.8 |
136.5 |
Interest and securities income |
12 |
2.9 |
4.1 |
Interest expenses |
12 |
–20.3 |
–15.2 |
Other financial income and expenses, net |
12 |
–1.5 |
0.3 |
Share of profit and loss of associates |
16 |
0.7 |
–0.3 |
Income before income tax expenses |
|
165.6 |
125.4 |
Income tax expenses |
13 |
–49.2 |
–38.2 |
Net income |
|
116.5 |
87.2 |
attributable to shareholders of Sulzer Ltd |
|
113.7 |
83.2 |
attributable to non-controlling interests |
|
2.8 |
4.0 |
|
|
|
|
Earnings per share (in CHF) |
|
|
|
Basic earnings per share |
24 |
3.56 |
2.44 |
Diluted earnings per share |
24 |
3.53 |
2.42 |