Consolidated financial statements
Consolidated income statement
|
April 1 to March 31, in CHF million |
|
Notes |
|
2020/21 |
|
2019/20 |
|
|
Sales |
|
2.2,2.3 |
|
2,601.9 |
|
2,916.9 |
|
|
Cost of sales |
|
|
|
(728.3) |
|
(833.3) |
|
|
Gross profit |
|
|
|
1,873.5 |
|
2,083.6 |
|
|
Research and development 1) |
|
|
|
(204.8) |
|
(167.0) |
|
|
Sales and marketing 1) |
|
|
|
(924.1) |
|
(1,074.3) |
|
|
General and administration |
|
|
|
(250.9) |
|
(309.0) |
|
|
Other income |
|
2.4 |
|
135.6 |
|
0.8 |
|
|
Other expenses |
|
2.4 |
|
(9.8) |
|
(24.1) |
|
|
Operating profit (EBIT) 2) |
|
|
|
619.5 |
|
510.0 |
|
|
Financial income |
|
4.2 |
|
5.0 |
|
2.9 |
|
|
Financial expenses |
|
4.2 |
|
(26.0) |
|
(12.9) |
|
|
Share of profit/(loss) in associates/joint ventures, net |
|
6.2 |
|
1.9 |
|
2.4 |
|
|
Income before taxes |
|
|
|
600.4 |
|
502.4 |
|
|
Income taxes |
|
5.1 |
|
(15.2) |
|
(12.9) |
|
|
Income after taxes |
|
|
|
585.3 |
|
489.5 |
|
|
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
|
|
581.0 |
|
483.2 |
|
|
Non-controlling interests |
|
|
|
4.3 |
|
6.3 |
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share (CHF) |
|
2.5 |
|
9.23 |
|
7.61 |
|
|
Diluted earnings per share (CHF) |
|
2.5 |
|
9.19 |
|
7.57 |
|
1) Includes acquisition-related amortization of CHF 0.9 million (previous year: CHF 0.9 million) in “Research and development” and CHF 42.9 million (previous year: CHF 43.5 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 663.3 million (previous year: CHF 554.3 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.
