in CHF m |
Care Chemicals |
Catalysis |
Natural Resources |
Plastics & Coatings |
Corporate |
Total Group |
||||||||||||||||||||
|
2017 |
2016 |
2017 |
2016 |
2017 |
2016 |
2017 |
2016 |
2017 |
2016 |
2017 |
2016 |
||||||||||||||
|
||||||||||||||||||||||||||
Segment sales |
1 589 |
1 473 |
767 |
673 |
1 364 |
1 190 |
2 709 |
2 547 |
— |
— |
6 429 |
5 883 |
||||||||||||||
Sales to other segments |
–14 |
–8 |
— |
— |
–7 |
–6 |
–31 |
–22 |
— |
— |
–52 |
–36 |
||||||||||||||
Total sales |
1 575 |
1 465 |
767 |
673 |
1 357 |
1 184 |
2 678 |
2 525 |
— |
— |
6 377 |
5 847 |
||||||||||||||
Operating expenses |
–1 375 |
–1 254 |
–639 |
–571 |
–1 223 |
–1 039 |
–2 381 |
–2 256 |
–263 |
–215 |
–5 881 |
–5 335 |
||||||||||||||
Thereof: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
Income from associates and joint ventures |
10 |
9 |
11 |
13 |
5 |
12 |
30 |
34 |
47 |
17 |
103 |
85 |
||||||||||||||
Gain/loss from disposals not qualifying as discontinued operations |
— |
— |
— |
— |
— |
— |
1 |
–2 |
2 |
–1 |
3 |
–3 |
||||||||||||||
Restructuring, impairment and transaction-related costs |
–30 |
–10 |
–7 |
–11 |
–14 |
–14 |
–14 |
–18 |
–115 |
–54 |
–180 |
–107 |
||||||||||||||
Operating income |
200 |
211 |
128 |
102 |
134 |
145 |
297 |
269 |
–263 |
–215 |
496 |
512 |
||||||||||||||
Net financial expenses and taxes |
|
|
|
|
|
|
|
|
|
|
–194 |
–249 |
||||||||||||||
Net income |
|
|
|
|
|
|
|
|
|
|
302 |
263 |
||||||||||||||
Segment assets |
1 160 |
1 096 |
1 780 |
1 673 |
1 298 |
1 296 |
1 798 |
1 693 |
|
|
6 036 |
5 758 |
||||||||||||||
Segment liabilities |
–244 |
–206 |
–90 |
–95 |
–150 |
–135 |
–273 |
–249 |
|
|
–757 |
–685 |
||||||||||||||
Net operating assets |
916 |
890 |
1 690 |
1 578 |
1 148 |
1 161 |
1 525 |
1 444 |
— |
— |
5 279 |
5 073 |
||||||||||||||
Net assets held for sale |
10 |
— |
5 |
5 |
4 |
— |
2 |
2 |
1 |
— |
22 |
7 |
||||||||||||||
Corporate assets without cash |
|
|
|
|
|
|
|
|
1 416 |
1 275 |
1 416 |
1 275 |
||||||||||||||
Corporate liabilities without financial liabilities |
|
|
|
|
|
|
|
|
–2 239 |
–2 269 |
–2 239 |
–2 269 |
||||||||||||||
Net debt see note 18 |
|
|
|
|
|
|
|
|
–1 539 |
–1 540 |
–1 539 |
–1 540 |
||||||||||||||
Total net assets |
926 |
890 |
1 695 |
1 583 |
1 152 |
1 161 |
1 527 |
1 446 |
–2 361 |
–2 534 |
2 939 |
2 546 |
||||||||||||||
Thereof: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
Investments in PPE and intangibles for the period |
61 |
79 |
36 |
87 |
49 |
40 |
86 |
82 |
47 |
48 |
279 |
336 |
||||||||||||||
Investments in associates and joint ventures at the end of the period |
64 |
56 |
121 |
193 |
9 |
14 |
154 |
148 |
160 |
105 |
508 |
516 |
||||||||||||||
Reconciliation of key figures |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
Operating income |
200 |
211 |
128 |
102 |
134 |
145 |
297 |
269 |
–263 |
–215 |
496 |
512 |
||||||||||||||
Add: systematic depreciation of PPE |
54 |
49 |
41 |
30 |
36 |
27 |
68 |
69 |
32 |
35 |
231 |
210 |
||||||||||||||
Add: impairment |
— |
— |
1 |
5 |
1 |
— |
12 |
3 |
2 |
— |
16 |
8 |
||||||||||||||
Add: amortization of intangible assets |
6 |
6 |
22 |
17 |
23 |
14 |
10 |
10 |
9 |
8 |
70 |
55 |
||||||||||||||
EBITDA1 |
260 |
266 |
192 |
154 |
194 |
186 |
387 |
351 |
–220 |
–172 |
813 |
785 |
||||||||||||||
Add: restructuring, impairment and transaction-related costs |
30 |
10 |
7 |
11 |
14 |
14 |
14 |
18 |
115 |
54 |
180 |
107 |
||||||||||||||
Less: impairment |
— |
— |
–1 |
–5 |
–1 |
— |
–12 |
–3 |
–2 |
— |
–16 |
–8 |
||||||||||||||
Less: gain/loss from disposals not qualifying as discontinued operations |
— |
— |
— |
— |
— |
— |
–1 |
2 |
–2 |
1 |
–3 |
3 |
||||||||||||||
Adjusted EBITDA |
290 |
276 |
198 |
160 |
207 |
200 |
388 |
368 |
–109 |
–117 |
974 |
887 |
||||||||||||||
Operating income |
200 |
211 |
128 |
102 |
134 |
145 |
297 |
269 |
–263 |
–215 |
496 |
512 |
||||||||||||||
Add: restructuring, impairment and transaction-related costs |
30 |
10 |
7 |
11 |
14 |
14 |
14 |
18 |
115 |
54 |
180 |
107 |
||||||||||||||
Less: gain/loss from disposals not qualifying as discontinued operations |
— |
— |
— |
— |
— |
— |
–1 |
2 |
–2 |
1 |
–3 |
3 |
||||||||||||||
Adjusted operating income |
230 |
221 |
135 |
113 |
148 |
159 |
310 |
289 |
-150 |
-160 |
673 |
622 |
||||||||||||||