Consolidated financial statements
Consolidated income statements
|
April 1 to March 31, in CHF million |
|
Notes |
|
2019/20 |
|
2018/19 |
|
Sales |
|
2.2,2.3 |
|
2,916.9 |
|
2,763.2 |
|
Cost of sales |
|
|
|
(833.3) |
|
(797.0) |
|
Gross profit |
|
|
|
2,083.6 |
|
1,966.2 |
|
Research and development 1) |
|
|
|
(167.0) |
|
(149.4) |
|
Sales and marketing 1) |
|
|
|
(1,074.3) |
|
(1,015.7) |
|
General and administration |
|
|
|
(309.0) |
|
(269.3) |
|
Other income/(expenses), net |
|
2.4 |
|
(23.4) |
|
4.4 |
|
Operating profit (EBIT) 2) |
|
|
|
510.0 |
|
536.2 |
|
Financial income |
|
4.2 |
|
2.9 |
|
3.4 |
|
Financial expenses |
|
4.2 |
|
(12.9) |
|
(12.1) |
|
Share of profit/(loss) in associates/joint ventures, net |
|
6.2 |
|
2.4 |
|
2.1 |
|
Income before taxes |
|
|
|
502.4 |
|
529.6 |
|
Income taxes |
|
5.1 |
|
(12.9) |
|
(69.4) |
|
Income after taxes |
|
|
|
489.5 |
|
460.2 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
Equity holders of the parent |
|
|
|
483.2 |
|
454.1 |
|
Non-controlling interests |
|
|
|
6.3 |
|
6.1 |
|
|
|
|
|
|
|
|
|
Basic earnings per share (CHF) |
|
2.5 |
|
7.61 |
|
6.98 |
|
Diluted earnings per share (CHF) |
|
2.5 |
|
7.57 |
|
6.95 |
1) Includes acquisition-related amortization of CHF 0.9 million (previous year: CHF 1.0 million) in “Research and development” and CHF 43.5 million (previous year: CHF 45.4 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 554.3 million (previous year: CHF 582.5 million). Refer to Note 2.1
2) 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.
