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 development1) |
|
|
| (204.8) |
| (167.0) |
|
Sales and marketing1) |
|
|
| (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.
