Consolidated statement of changes in equity
January 1 – June 30
|
|
|
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, 2017 |
|
0.3 |
2’024.2 |
–16.9 |
–11.0 |
–415.4 |
1’581.2 |
9.8 |
1’591.0 |
|
Comprehensive income for the period: |
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
36.9 |
|
|
|
36.9 |
0.7 |
37.6 |
|
– Cash flow hedges, net of tax |
|
|
|
|
9.0 |
|
9.0 |
|
9.0 |
|
– Remeasurements of defined benefit obligations, net of tax |
|
|
22.2 |
|
|
|
22.2 |
|
22.2 |
|
– Currency translation differences |
|
|
|
|
|
–34.2 |
–34.2 |
–0.4 |
–34.6 |
|
Other comprehensive income |
|
|
22.2 |
|
9.0 |
–34.2 |
–3.0 |
–0.4 |
–3.4 |
|
Total comprehensive income for the period |
|
– |
59.1 |
– |
9.0 |
–34.2 |
33.9 |
0.3 |
34.2 |
|
Transactions with owners of the company: |
|
|
|
|
|
|
|
|
|
|
Put option liability |
|
|
–13.9 |
|
|
|
–13.9 |
|
–13.9 |
|
Allocation of treasury shares to share plan participants |
|
|
–5.9 |
5.9 |
|
|
– |
|
– |
|
Acquisition of treasury shares |
9 |
|
|
–4.7 |
|
|
–4.7 |
|
–4.7 |
|
Share-based payments |
|
|
5.4 |
|
|
|
5.4 |
|
5.4 |
|
Dividends |
9 |
|
–119.4 |
|
|
|
–119.4 |
–0.7 |
–120.1 |
|
Change in scope of consolidation |
|
|
|
|
|
|
– |
4.2 |
4.2 |
|
Equity as of June 30, 2017 |
|
0.3 |
1’949.5 |
–15.7 |
–2.0 |
–449.6 |
1’482.5 |
13.6 |
1’496.1 |
|
|
|
|
|
|
|
|
|
|
|
|
Equity as of December 31, 2017 |
|
0.3 |
2’069.4 |
–22.1 |
–6.5 |
–361.0 |
1’680.1 |
22.3 |
1’702.4 |
|
Adjustment on initial application of IFRS 9, net of tax |
13 |
|
–6.6 |
|
|
|
–6.6 |
|
–6.6 |
|
Adjustment on initial application of IFRS 15, net of tax |
13 |
|
–29.4 |
|
|
|
–29.4 |
|
–29.4 |
|
Equity as of January 1, 2018 |
|
0.3 |
2’033.4 |
–22.1 |
–6.5 |
–361.0 |
1’644.1 |
22.3 |
1’666.4 |
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income for the period: |
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
64.3 |
|
|
|
64.3 |
2.0 |
66.3 |
|
– Cash flow hedges, net of tax |
|
|
|
|
–2.9 |
|
–2.9 |
|
–2.9 |
|
– Remeasurements of defined benefit obligations, net of tax |
|
|
19.5 |
|
|
|
19.5 |
|
19.5 |
|
– Currency translation differences |
|
|
|
|
|
–34.8 |
–34.8 |
–1.6 |
–36.4 |
|
Other comprehensive income |
|
|
19.5 |
|
–2.9 |
–34.8 |
–18.2 |
–1.6 |
–19.8 |
|
Total comprehensive income for the period |
|
– |
83.8 |
– |
–2.9 |
–34.8 |
46.1 |
0.4 |
46.5 |
|
Transactions with owners of the company: |
|
|
|
|
|
|
|
|
|
|
Changes in ownership in subsidiaries |
|
|
|
|
|
|
– |
0.6 |
0.6 |
|
Allocation of treasury shares to share plan participants |
|
|
–5.3 |
5.3 |
|
|
– |
|
– |
|
Acquisition of treasury shares |
9 |
|
|
–551.4 |
|
|
–551.4 |
|
–551.4 |
|
Share-based payments |
|
|
4.9 |
|
|
|
4.9 |
|
4.9 |
|
Dividends |
9 |
|
–119.1 |
|
|
|
–119.1 |
–0.8 |
–119.9 |
|
Equity as of June 30, 2018 |
|
0.3 |
1’997.7 |
–568.2 |
–9.4 |
–395.8 |
1’024.6 |
22.5 |
1’047.1 |