Consolidated income statement
January 1 – December 31
millions of CHF |
|
Notes |
|
2020 |
|
2019 |
Sales |
|
3, 20 |
|
3’319.0 |
|
3’728.5 |
Cost of goods sold |
|
|
|
–2’325.4 |
|
–2’607.3 |
Gross profit |
|
|
|
993.6 |
|
1’121.2 |
Selling and distribution expenses |
|
|
|
–339.2 |
|
–374.6 |
General and administrative expenses |
|
|
|
–378.0 |
|
–408.5 |
Research and development expenses |
|
10 |
|
–84.1 |
|
–85.6 |
Other operating income and expenses, net |
|
11 |
|
–41.6 |
|
–11.5 |
Operating income (EBIT) |
|
|
|
150.6 |
|
241.0 |
Interest and securities income |
|
12 |
|
4.1 |
|
6.6 |
Interest expenses |
|
12 |
|
–25.2 |
|
–24.9 |
Other financial income and expenses, net |
|
12 |
|
–7.0 |
|
–10.0 |
Share of profit and loss of associates |
|
17 |
|
–0.7 |
|
0.1 |
Income before income tax expenses |
|
|
|
121.8 |
|
212.8 |
Income tax expenses |
|
13 |
|
–34.6 |
|
–55.1 |
Net income |
|
|
|
87.2 |
|
157.7 |
attributable to shareholders of Sulzer Ltd |
|
|
|
83.6 |
|
154.0 |
attributable to non-controlling interests |
|
|
|
3.6 |
|
3.7 |
|
|
|
|
|
|
|
Earnings per share (in CHF) |
|
|
|
|
|
|
Basic earnings per share |
|
25 |
|
2.46 |
|
4.52 |
Diluted earnings per share |
|
25 |
|
2.44 |
|
4.48 |