Consolidated Income Statements

Audited information
Consolidated income statements

for the years ended 31 December 2019 and 2018

 

Notes1

 

2019
in CHF m

 

in %

 

20182
in CHF m

 

in %

1

The notes form an integral part of the consolidated financial statements.

2

Restated – see

Sales

 

 

4 399

 

100.0

 

4 404

 

100.0

Costs of goods sold

 

 

 

–3 024

 

 

 

–3 042

 

 

Gross profit

 

 

 

1 375

 

31.3

 

1 362

 

30.9

 

 

 

 

 

 

 

 

 

 

 

Selling, general and administrative costs

 

 

 

–1 070

 

 

 

–923

 

 

Research and development costs

 

 

 

–173

 

 

 

–175

 

 

Income from associates and joint ventures

 

 

33

 

 

 

84

 

 

Operating income

 

 

 

165

 

3.9

 

348

 

7.8

 

 

 

 

 

 

 

 

 

 

 

Finance income

 

 

23

 

 

 

19

 

 

Finance costs

 

 

–117

 

 

 

–86

 

 

Income before taxes

 

 

 

71

 

1.7

 

281

 

6.3

 

 

 

 

 

 

 

 

 

 

 

Taxes

 

 

–105

 

 

 

–68

 

 

Net result from continuing operations

 

 

 

–34

 

–0.7

 

213

 

4.8

Attributable to:

 

 

 

 

 

 

 

 

 

 

Shareholders of Clariant Ltd

 

 

 

–57

 

 

 

196

 

 

Non-controlling interests

 

 

 

23

 

 

 

17

 

 

 

 

 

 

 

 

 

 

 

 

 

Net result from discontinued operations

 

 

72

 

 

 

143

 

 

Attributable to:

 

 

 

 

 

 

 

 

 

 

Shareholders of Clariant Ltd

 

 

 

67

 

 

 

141

 

 

Non-controlling interests

 

 

 

5

 

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

 

38

 

 

 

356

 

 

Attributable to:

 

 

 

 

 

 

 

 

 

 

Shareholders of Clariant Ltd

 

 

 

10

 

 

 

337

 

 

Non-controlling interests

 

 

 

28

 

 

 

19

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings/loss per share attributable to the shareholders of Clariant Ltd (CHF/share)

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

–0.17

 

 

 

0.59

 

 

Discontinued operations

 

 

0.20

 

 

 

0.43

 

 

Total

 

 

 

0.03

 

 

 

1.02

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings/loss per share attributable to the shareholders of Clariant Ltd (CHF/share)

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

–0.17

 

 

 

0.59

 

 

Discontinued operations

 

 

0.20

 

 

 

0.43

 

 

Total

 

 

 

0.03

 

 

 

1.02

 

 

FURTHER READING