Consolidated financial statements
Consolidated income statements
|
April 1 to March 31, in CHF million |
|
Notes |
|
2018/19 |
|
2017/18 1) |
|
Sales |
|
2.2,2.3 |
|
2,763.2 |
|
2,645.9 |
|
Cost of sales |
|
|
|
(797.0) |
|
(777.7) |
|
Gross profit |
|
|
|
1,966.2 |
|
1,868.2 |
|
Research and development 2) |
|
|
|
(149.4) |
|
(144.0) |
|
Sales and marketing 2) |
|
|
|
(1,015.7) |
|
(982.8) |
|
General and administration |
|
|
|
(269.3) |
|
(265.5) |
|
Other income/(expenses), net |
|
2.4 |
|
4.4 |
|
7.2 |
|
Operating profit (EBIT) 3) |
|
|
|
536.2 |
|
483.0 |
|
Financial income |
|
4.2 |
|
3.4 |
|
2.1 |
|
Financial expenses |
|
4.2 |
|
(12.1) |
|
(9.4) |
|
Share of profit/(loss) in associates/joint ventures, net |
|
6.2 |
|
2.1 |
|
3.2 |
|
Income before taxes |
|
|
|
529.6 |
|
478.9 |
|
Income taxes |
|
5.1 |
|
(69.4) |
|
(71.5) |
|
Income after taxes |
|
|
|
460.2 |
|
407.4 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
Equity holders of the parent |
|
|
|
454.1 |
|
400.1 |
|
Non-controlling interests |
|
|
|
6.1 |
|
7.3 |
|
|
|
|
|
|
|
|
|
Basic earnings per share (CHF) |
|
2.5 |
|
6.98 |
|
6.13 |
|
Diluted earnings per share (CHF) |
|
2.5 |
|
6.95 |
|
6.11 |
1) The disclosure of the 2017/18 figures was adjusted to include acquisition-related amortization in the functions “Research and development” and “Sales and marketing” as disclosed in Note 2.1.
2) Includes acquisition-related amortization of CHF 1.0 million (previous year: 1.1 million) in “Research and development” and CHF 45.4 million (previous year: 48.3 million) in “Sales and marketing”. EBITA (Earnings before financial result, share of profit/(loss) in associates/joint ventures, taxes and acquisition-related amortization) amounts to CHF 582.5 million (previous year: CHF 532.5 million). Refer to Note 2.1
3) Earnings before financial result, share of profit/(loss) in associates/joint ventures and taxes (EBIT).
The Notes are an integral part of the consolidated financial statements.
