Consolidated income statement
January 1 – December 31
millions of CHF |
Notes |
2019 |
2018 |
Sales |
3, 20 |
3’728.5 |
3’364.9 |
Cost of goods sold |
|
–2’607.3 |
–2’386.6 |
Gross profit |
|
1’121.2 |
978.3 |
Selling and distribution expenses |
|
–374.6 |
–354.4 |
General and administrative expenses |
|
–408.5 |
–384.4 |
Research and development expenses |
10 |
–85.6 |
–86.4 |
Other operating income and expenses, net |
11 |
–11.5 |
30.8 |
Operating income (EBIT) |
|
241.0 |
183.8 |
Interest and securities income |
12 |
6.6 |
2.9 |
Interest expenses |
12 |
–24.9 |
–20.3 |
Other financial income and expenses, net |
12 |
–10.0 |
–1.5 |
Share of profit and loss of associates |
17 |
0.1 |
0.7 |
Income before income tax expenses |
|
212.8 |
165.6 |
Income tax expenses |
13 |
–55.1 |
–49.2 |
Net income |
|
157.7 |
116.5 |
attributable to shareholders of Sulzer Ltd |
|
154.0 |
113.7 |
attributable to non-controlling interests |
|
3.7 |
2.8 |
|
|
|
|
Earnings per share (in CHF) |
|
|
|
Basic earnings per share |
25 |
4.52 |
3.56 |
Diluted earnings per share |
25 |
4.48 |
3.53 |