ANNUAL REPORT 2017
Consolidated Statement of Comprehensive Income
for the 2017 financial year (January 1 to December 31, 2017)
1) In financial year 2016, the Swiss pension fund approved an amendment to the regulations, which, according to IAS 19, had a positive impact on the statement of comprehensive income in the previous period to the tune of kCHF 7 083. This effect results in an EBIT margin of 8.8 %. Without this impact, the results would have been as follows: EBITDA kCHF 75 985; EBITDA margin 13.8 % EBIT kCHF 41 339; EBIT margin 7.5 % Further reference is made to Sections 1 and 5 of the Notes.
2) Includes the operating result before depreciation and amortization, (net) financial income and income tax.
3) Includes the operating result before (net) financial income and income tax.