Consolidated changes in equity

CHF million

 

 

 

Attributable to equity holders of Sonova Holding AG

 

 

 

 

 

Share capital

 

Retained earnings and other reserves

 

Translation adjustment

 

Treasury shares

 

Non- controlling interests

 

Total equity

Balance April 1, 2017

 

3.3

 

2,419.2

 

(301.9)

 

(12.1) 1)

 

22.9

 

2,131.3

Income for the period

 

 

 

400.1

 

 

 

 

 

7.3

 

407.4

Actuarial gain from defined benefit plans, net

 

 

 

15.0

 

 

 

 

 

 

 

15.0

Tax effect on actuarial result

 

 

 

(2.1)

 

 

 

 

 

 

 

(2.1)

Currency translation differences

 

 

 

 

 

91.4

 

 

 

1.8

 

93.2

Tax effect on currency translation

 

 

 

 

 

(0.4)

 

 

 

 

 

(0.4)

Total comprehensive income

 

 

 

413.0

 

91.0

 

 

 

9.1

 

513.1

Capital decrease – share buyback program 3)

 

 

 

(11.8)

 

 

 

11.8

 

 

 

 

Share-based payments

 

 

 

4.5

 

 

 

11.3

 

 

 

15.8

Sale of treasury shares

 

 

 

(14.8)

 

 

 

39.0

 

 

 

24.2

Purchase of treasury shares

 

 

 

 

 

 

 

(50.5)

 

 

 

(50.5)

Dividend paid

 

 

 

(150.3)

 

 

 

 

 

(8.8)

 

(159.0)

Balance March 31, 2018

 

3.3

 

2,659.9

 

(210.9)

 

(0.5)

 

23.2

 

2,474.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance April 1, 2018

 

3.3

 

2,659.9

 

(210.9)

 

(0.5)

 

23.2

 

2,474.9

Effect on initial application of IFRS 15 and IFRS 9 2)

 

 

 

(132.9)

 

 

 

 

 

(0.1)

 

(133.1)

Adjusted balance April 1, 2018

 

3.3

 

2,527.0

 

(210.9)

 

(0.5)

 

23.1

 

2,341.9

Income for the period

 

 

 

454.1

 

 

 

 

 

6.1

 

460.2

Actuarial loss from defined benefit plans, net

 

 

 

(16.9)

 

 

 

 

 

 

 

(16.9)

Tax effect on actuarial result

 

 

 

2.3

 

 

 

 

 

 

 

2.3

Currency translation differences

 

 

 

 

 

(57.2)

 

 

 

(0.8)

 

(58.0)

Tax effect on currency translation

 

 

 

 

 

1.3

 

 

 

 

 

1.3

Total comprehensive income

 

 

 

439.5

 

(56.0)

 

 

 

5.3

 

388.9

Share-based payments

 

 

 

4.9

 

 

 

13.9

 

 

 

18.8

Sale of treasury shares

 

 

 

(17.3)

 

 

 

45.2

 

 

 

27.9

Purchase of treasury shares 3)

 

 

 

 

 

 

 

(225.5)

 

 

 

(225.5)

Dividend paid

 

 

 

(169.8)

 

 

 

 

 

(6.1)

 

(175.8)

Balance March 31, 2019

 

3.3

 

2,784.3

 

(266.8)

 

(166.9)

 

22.3

 

2,376.1

1) Includes derivative financial instruments on treasury shares.

2) Further information on the effect of new accounting standards are disclosed in Note 7.8.

3) Further information on the share buyback program are disclosed in Note 4.6.

The Notes are an integral part of the consolidated financial statements.