Consolidated Statement of Changes in Equity

Consolidated Statement of Changes in Equity

million CHF

 

Notes1

 

Attributable to equity holders of the parent

 

 

 

 

 

 

 

 

Share capital

 

Share premium

 

Retained earnings

 

Hedging reserve

 

Translation reserve

 

Treasury shares

 

Total

 

Non-controlling interest

 

Total equity

1

See the accompanying notes to the consolidated financial statements

2

Restatement to reflect adoption of IFRS 15 (see note 1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At 1 January 2017, as previously reported

 

 

 

53

 

311

 

2,565

 

(5)

 

(559)

 

(10)

 

2,355

 

0

 

2,355

Impact from change in accounting policies2

 

1

 

0

 

0

 

(53)

 

0

 

0

 

0

 

(53)

 

0

 

(53)

Restated balance at 1 January 2017

 

 

 

53

 

311

 

2,512

 

(5)

 

(559)

 

(10)

 

2,302

 

0

 

2,302

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Profit for the period

 

 

 

0

 

0

 

707

 

0

 

0

 

0

 

707

 

2

 

709

– Remeasurement of defined benefit liability

 

 

 

0

 

0

 

69

 

0

 

0

 

0

 

69

 

0

 

69

– Exchange differences on translating foreign operations

 

 

 

0

 

0

 

0

 

0

 

221

 

0

 

221

 

2

 

223

– Cash flow hedges

 

 

 

0

 

0

 

0

 

8

 

0

 

0

 

8

 

0

 

8

Other comprehensive income, net of tax

 

 

 

0

 

0

 

69

 

8

 

221

 

0

 

298

 

2

 

300

Total comprehensive income for the period

 

 

 

0

 

0

 

776

 

8

 

221

 

0

 

1,005

 

4

 

1,009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

 

27

 

0

 

0

 

(159)

 

0

 

0

 

0

 

(159)

 

(1)

 

(160)

Recognition of share-based payments

 

25

 

0

 

0

 

26

 

0

 

0

 

0

 

26

 

0

 

26

Movements in treasury shares

 

 

 

0

 

0

 

(16)

 

0

 

0

 

(49)

 

(65)

 

0

 

(65)

Capital injection from owners of the parent

 

 

 

21

 

3,003

 

0

 

0

 

0

 

0

 

3,024

 

0

 

3,024

Acquisition of subsidiary with non-controlling interest

 

 

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

45

 

45

Restated balance at 31 December 2017

 

 

 

74

 

3,314

 

3,139

 

3

 

(338)

 

(59)

 

6,133

 

48

 

6,181

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Profit for the period

 

 

 

0

 

0

 

559

 

0

 

0

 

0

 

559

 

4

 

563

– Remeasurement of defined benefit liability

 

 

 

0

 

0

 

6

 

0

 

0

 

0

 

6

 

0

 

6

– Exchange differences on translating foreign operations

 

 

 

0

 

0

 

0

 

(16)

 

(218)

 

0

 

(234)

 

(3)

 

(237)

– Cash flow hedges

 

 

 

0

 

0

 

0

 

2

 

0

 

0

 

2

 

0

 

2

Other comprehensive income, net of tax

 

 

 

0

 

0

 

6

 

(14)

 

(218)

 

0

 

(226)

 

(3)

 

(229)

Total comprehensive income for the period

 

 

 

0

 

0

 

565

 

(14)

 

(218)

 

0

 

333

 

1

 

334

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

 

27

 

0

 

0

 

(205)

 

0

 

0

 

0

 

(205)

 

(1)

 

(206)

Recognition of share-based payments

 

25

 

0

 

0

 

34

 

0

 

0

 

0

 

34

 

0

 

34

Movements in treasury shares

 

 

 

0

 

0

 

(65)

 

0

 

0

 

(12)

 

(77)

 

0

 

(77)

Acquisition of subsidiary with non-controlling interest

 

 

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

24

 

24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At 31 December 2018

 

 

 

74

 

3,314

 

3,468

 

(11)

 

(556)

 

(71)

 

6,218

 

72

 

6,290

Translation reserve The translation reserve of the consolidated statement of changes in equity comprises all foreign exchange differences arising from the translation of the financial statements of foreign entities including the impact on translating monetary items that form a net investment in a foreign operation.