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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, 2018

 

0.3

2’040.9

–22.1

–6.5

–362.2

1’650.4

22.3

1’672.6

Comprehensive income for the period:

 

 

 

 

 

 

 

 

 

Net income

 

 

57.9

 

 

 

57.9

2.0

60.0

– 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

 

–

77.4

–

–2.9

–34.8

39.8

0.4

40.2

Transactions with owners of the company:

 

 

 

 

 

 

 

 

 

Changes of non-controlling interests without a change in control

 

 

 

 

 

 

–

0.6

0.6

Allocation of treasury shares to share plan participants

 

 

–5.3

5.3

 

 

–

 

–

Purchase of treasury shares

 

 

 

–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

1’998.7

–568.2

–9.4

–397.0

1’024.6

22.5

1’047.1

 

 

 

 

 

 

 

 

 

 

Equity as of January 1, 2019

 

0.3

2’123.6

–34.0

–8.6

–451.4

1’629.9

11.2

1’641.0

 

 

 

 

 

 

 

–

 

 

Comprehensive income for the period:

 

 

 

 

 

 

–

 

 

Net income

 

 

65.1

 

 

 

65.1

1.4

66.5

– Cash flow hedges, net of tax

 

–

–

–

3.1

–

3.1

–

3.1

– Remeasurements of defined benefit obligations, net of tax

 

–

15.5

–

–

–

15.5

–

15.5

– Currency translation differences

 

–

–

–

–

–26.5

–26.5

–0.1

–26.5

Other comprehensive income

 

–

15.5

–

3.1

–26.5

–7.9

–0.1

–8.0

Total comprehensive income for the period

 

–

80.6

–

3.1

–26.5

57.2

1.3

58.6

Transactions with owners of the company:

 

 

 

 

 

 

 

 

 

Allocation of treasury shares to share plan participants

 

–

–18.9

18.9

–

–

–

 

–

Purchase of treasury shares

 

–

–

–6.9

–

–

–6.9

 

–6.9

Share-based payments

 

–

4.5

–

–

–

4.5

 

4.5

Dividends

9

–

–119.2

–

–

–

–119.2

–1.0

–120.2

Equity as of June 30, 2019

 

0.3

2’070.6

–22.1

–5.5

–477.9

1’565.4

11.5

1’576.9