Consolidated Income Statement 1  Audited

 

million CHF Note 2 2017 2016
     
Sales 2 5,105 4,132
Cost of goods sold   (3,277) (2,731)
Gross profit   1,828 1,401
       
Marketing and distribution   (345) (281)
Research and development 23 (103) (84)
Administration and general overheads 3   (659) (478)
Other operating income 20 115 32
Other operating expenses 20 (113) (104)
Result from operating activities (EBIT) 4   723 486
Financial income 21.1 17 2
Financial expenses 21.2 (159) (114)
Net financing costs   (142) (112)
Share of loss of associates / joint ventures 8 0 (1)
Profit before income taxes   581 373
       
Income taxes 22 147 (72)
Profit for the period   728 301
       

Attributable to:

 

   
Equity holders of the parent   726 301
Non-controlling interest   2 0
Profit for the period   728 301
       
          CHF         CHF
Basic earnings per share 27 10.70 55.31
Diluted earnings per share 27 10.60 55.28