Consolidated statement of changes in equity
January 1 – December 31
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Attributable to shareholders of Sulzer Ltd |
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millions of CHF |
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Share capital |
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Retained earnings |
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Treasury shares |
|
Cash flow hedge reserve |
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Currency translation adjustment |
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Total |
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Non-controlling interests |
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Total equity |
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|
Equity as of January 1, 2024 |
|
|
|
0.3 |
|
1’979.5 |
|
–36.7 |
|
4.2 |
|
–852.0 |
|
1’095.4 |
|
3.2 |
|
1’098.6 |
Comprehensive income for the period: |
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|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
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Net income |
|
|
|
|
|
261.9 |
|
|
|
|
|
|
|
261.9 |
|
3.5 |
|
265.4 |
- Cash flow hedges, net of tax |
|
|
– |
|
– |
|
– |
|
–7.5 |
|
– |
|
–7.5 |
|
– |
|
–7.5 |
|
- Remeasurements of defined benefit plans, net of tax |
|
|
– |
|
0.8 |
|
– |
|
– |
|
– |
|
0.8 |
|
– |
|
0.8 |
|
- Equity investments at FVOCI – net change in fair value, net of tax |
|
|
– |
|
–4.9 |
|
– |
|
– |
|
– |
|
–4.9 |
|
– |
|
–4.9 |
|
- Currency translation differences |
|
|
|
– |
|
– |
|
– |
|
– |
|
30.3 |
|
30.3 |
|
0.4 |
|
30.7 |
Other comprehensive income |
|
|
|
– |
|
–4.0 |
|
– |
|
–7.5 |
|
30.3 |
|
18.7 |
|
0.4 |
|
19.1 |
Total comprehensive income for the period |
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|
|
– |
|
257.8 |
|
– |
|
–7.5 |
|
30.3 |
|
280.6 |
|
3.9 |
|
284.5 |
Transactions with owners of the company: |
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|
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|
|
|
|
|
|
|
|
|
|
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Changes in non-controlling interests |
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|
– |
|
–3.2 |
|
– |
|
– |
|
– |
|
–3.2 |
|
3.2 |
|
0.0 |
Transactions with non-controlling interests |
|
|
– |
|
–6.1 |
|
– |
|
– |
|
4.6 |
|
–1.5 |
|
1.5 |
|
0.0 |
|
Contribution from medmix |
|
|
– |
|
0.1 |
|
– |
|
– |
|
– |
|
0.1 |
|
|
|
0.1 |
|
Allocation of treasury shares to share plan participants |
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|
|
– |
|
–18.3 |
|
18.3 |
|
– |
|
– |
|
– |
|
|
|
– |
Purchase of treasury shares |
|
|
– |
|
– |
|
–33.2 |
|
– |
|
– |
|
–33.2 |
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|
|
–33.2 |
|
Share-based payments |
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|
– |
|
12.7 |
|
– |
|
– |
|
– |
|
12.7 |
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|
|
12.7 |
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Dividends |
|
|
– |
|
–127.3 |
|
– |
|
– |
|
– |
|
–127.3 |
|
–0.3 |
|
–127.6 |
|
Equity as of December 31, 2024 |
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|
0.3 |
|
2’095.2 |
|
–51.6 |
|
–3.2 |
|
–817.2 |
|
1’223.6 |
|
11.5 |
|
1’235.1 |
January 1 – December 31
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|
Attributable to shareholders of Sulzer Ltd |
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|
|
|
||||||||||
millions of CHF |
|
|
Share capital |
|
Retained earnings |
|
Treasury shares |
|
Cash flow hedge reserve |
|
Currency translation adjustment |
|
Total |
|
Non-controlling interests |
|
Total equity |
|
Equity as of January 1, 2023 |
|
|
|
0.3 |
|
1’777.7 |
|
–42.9 |
|
–4.1 |
|
–706.7 |
|
1’024.3 |
|
4.4 |
|
1’028.6 |
Comprehensive income for the period: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
|
229.1 |
|
|
|
|
|
|
|
229.1 |
|
1.3 |
|
230.5 |
- Cash flow hedges, net of tax |
|
|
– |
|
– |
|
– |
|
8.3 |
|
– |
|
8.3 |
|
– |
|
8.3 |
|
- Remeasurements of defined benefit plans, net of tax |
|
|
– |
|
128.8 |
|
– |
|
– |
|
– |
|
128.8 |
|
– |
|
128.8 |
|
- Equity investments at FVOCI – net change in fair value, net of tax |
|
|
– |
|
0.6 |
|
– |
|
– |
|
– |
|
0.6 |
|
– |
|
0.6 |
|
- Currency translation differences |
|
|
|
– |
|
– |
|
– |
|
– |
|
–145.3 |
|
–145.3 |
|
–0.7 |
|
–146.0 |
Other comprehensive income |
|
|
|
– |
|
129.3 |
|
– |
|
8.3 |
|
–145.3 |
|
–7.6 |
|
–0.7 |
|
–8.3 |
Total comprehensive income for the period |
|
|
|
– |
|
358.5 |
|
– |
|
8.3 |
|
–145.3 |
|
221.6 |
|
0.6 |
|
222.1 |
Transactions with owners of the company: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Acquisition of non-controlling interests without a change in control |
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|
– |
|
–22.4 |
|
|
|
|
|
0.0 |
|
–22.4 |
|
–0.4 |
|
–22.8 |
|
Transactions with non-controlling interests |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
–1.1 |
|
–1.1 |
|
Contribution from medmix |
|
|
– |
|
0.3 |
|
– |
|
– |
|
– |
|
0.3 |
|
|
|
0.3 |
|
Allocation of treasury shares to share plan participants |
|
|
|
– |
|
–27.2 |
|
27.2 |
|
– |
|
– |
|
|
|
– |
|
– |
Purchase of treasury shares |
|
|
– |
|
|
|
–20.9 |
|
– |
|
– |
|
–20.9 |
|
|
|
–20.9 |
|
Share-based payments |
|
|
– |
|
11.6 |
|
– |
|
– |
|
– |
|
11.6 |
|
|
|
11.6 |
|
Dividends |
|
|
– |
|
–118.9 |
|
– |
|
– |
|
– |
|
–118.9 |
|
–0.3 |
|
–119.2 |
|
Equity as of December 31, 2023 |
|
|
0.3 |
|
1’979.5 |
|
–36.7 |
|
4.2 |
|
–852.0 |
|
1’095.4 |
|
3.2 |
|
1’098.6 |