Financial statements of CPH Chemie + Paper Holding AG

Income statement

in CHF thousand	Note	2020	2019
Net revenue from sale of goods and services	2.1	4 930	5 041
Other income		322	342
Personnel expense		– 3 246	– 3 159
Other operating expense		– 1 857	– 1 959
Additions/Releases of impairment losses on non-current assets	2.2	0	40 000
Earnings before interest and taxes (EBIT)		149	40 265
Financial income		16 928	16 737
– Income from investments	2.3	12 197	11 443
– Interest income	2.4	4 726	5 244
– Book gains on securities held		0	0
– Other financial income	2.5	5	50
Financial expense		– 2 553	– 4 444
– Interest expense	2.6	– 2 018	– 3 743
– Book losses on securities held		– 5	– 4
– Other financial expense	2.7	– 530	– 697
Earnings before taxes and extraordinary items		14 524	52 558
Extraordinary, non-recurring or prior-period income	2.8	0	0
Extraordinary, non-recurring or prior-period expense	2.8	0	0
Earnings before taxes (EBT)		14 524	52 558
Direct taxes		– 189	– 5
Profit/Loss for the year		14 335	52 553