Income Statements of Clariant Ltd

Income statements of Clariant Ltd

for the years ended 31 December 2022 and 2021   Notes   2022 in CHF m   2021 in CHF m
             
Income from shareholdings in Group companies       181   278
Income from interest on loans to Group companies       38   46
Other financial income       6   7
Reversal of devaluations on shareholdings and other income related to Group Companies   5      151
Income from disposals of shareholdings and other income   5    247   13
Total income       472   495
             
Expenses            
Financial expenses       27   37
Administrative expenses       69   66
Devaluations of shareholdings and other expenses related to Group companies   5    182   200
Result from associates and joint ventures   6    25  
Exchange rate differences net       51   29
Other expenses       5   9
Taxes       1   3
Total expenses       360   344
Profit for the financial year       112   151