Consolidated statement of changes in equity
January 1 – June 30
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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 |
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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 |
|
Equity as of January 1, 2024 |
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|
|
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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Net income |
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|
|
|
116.6 |
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|
|
|
|
|
|
116.6 |
|
0.8 |
|
117.4 |
- Cash flow hedges, net of tax |
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|
|
– |
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|
|
– |
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–11.3 |
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– |
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–11.3 |
|
– |
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–11.3 |
- Remeasurements of defined benefit plans, net of tax |
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|
|
– |
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21.0 |
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– |
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– |
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– |
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21.0 |
|
– |
|
21.0 |
- Equity investments at FVOCI – net change in fair value, net of tax |
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|
|
– |
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–2.7 |
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– |
|
– |
|
– |
|
–2.7 |
|
– |
|
–2.7 |
- Currency translation differences |
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|
|
– |
|
– |
|
– |
|
– |
|
61.1 |
|
61.1 |
|
0.4 |
|
61.5 |
Other comprehensive income |
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|
|
– |
|
18.3 |
|
– |
|
–11.3 |
|
61.1 |
|
68.1 |
|
0.4 |
|
68.5 |
Total comprehensive income for the period |
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|
|
– |
|
134.9 |
|
– |
|
–11.3 |
|
61.1 |
|
184.7 |
|
1.2 |
|
185.9 |
Transactions with owners of the company: |
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|
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Changes in non-controlling interests |
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– |
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–3.2 |
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– |
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– |
|
– |
|
–3.2 |
|
3.2 |
|
0.0 |
Contribution from medmix |
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|
|
– |
|
0.1 |
|
– |
|
– |
|
– |
|
0.1 |
|
– |
|
0.1 |
Allocation of treasury shares to share plan participants |
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|
|
– |
|
–18.1 |
|
18.1 |
|
– |
|
– |
|
– |
|
– |
|
– |
Purchase of treasury shares |
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|
– |
|
– |
|
–15.7 |
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– |
|
– |
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–15.7 |
|
– |
|
–15.7 |
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Share-based payments |
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|
|
– |
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6.6 |
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– |
|
– |
|
– |
|
6.6 |
|
– |
|
6.6 |
Dividends |
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|
– |
|
–127.3 |
|
– |
|
– |
|
– |
|
–127.3 |
|
–0.1 |
|
–127.3 |
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Equity as of June 30, 2024 |
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|
|
0.3 |
|
1’972.6 |
|
–34.3 |
|
–7.1 |
|
–790.8 |
|
1’140.7 |
|
7.5 |
|
1’148.2 |
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|
|
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|
|
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|
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|
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Equity as of January 1, 2025 |
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|
|
0.3 |
|
2’095.2 |
|
–51.6 |
|
–3.2 |
|
–817.2 |
|
1’223.6 |
|
11.5 |
|
1’235.1 |
Comprehensive income for the period: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Net income |
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|
|
|
|
127.5 |
|
|
|
|
|
|
|
127.5 |
|
0.8 |
|
128.2 |
- Cash flow hedges, net of tax |
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|
|
– |
|
– |
|
– |
|
14.9 |
|
– |
|
14.9 |
|
– |
|
14.9 |
- Remeasurements of defined benefit plans, net of tax |
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|
|
– |
|
25.7 |
|
– |
|
– |
|
– |
|
25.7 |
|
– |
|
25.7 |
- Equity investments at FVOCI – net change in fair value, net of tax |
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|
|
– |
|
1.3 |
|
– |
|
– |
|
– |
|
1.3 |
|
– |
|
1.3 |
- Currency translation differences |
|
|
|
– |
|
– |
|
– |
|
– |
|
–106.5 |
|
–106.5 |
|
–0.3 |
|
–106.8 |
Other comprehensive income |
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|
|
– |
|
27.0 |
|
– |
|
14.9 |
|
–106.5 |
|
–64.6 |
|
–0.3 |
|
–64.9 |
Total comprehensive income for the period |
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|
|
– |
|
154.5 |
|
– |
|
14.9 |
|
–106.5 |
|
62.8 |
|
0.5 |
|
63.3 |
Transactions with owners of the company: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of treasury shares to share plan participants |
|
|
|
– |
|
–11.2 |
|
11.2 |
|
– |
|
– |
|
– |
|
|
|
– |
Purchase of treasury shares |
|
|
– |
|
– |
|
–18.8 |
|
– |
|
– |
|
–18.8 |
|
|
|
–18.8 |
|
Share-based payments |
|
|
|
– |
|
8.0 |
|
– |
|
– |
|
– |
|
8.0 |
|
|
|
8.0 |
Dividends |
|
|
– |
|
–143.6 |
|
– |
|
– |
|
– |
|
–143.6 |
|
–0.9 |
|
–144.5 |
|
Equity as of June 30, 2025 |
|
|
|
0.3 |
|
2’102.9 |
|
–59.2 |
|
11.7 |
|
–923.7 |
|
1’132.0 |
|
11.1 |
|
1’143.1 |