Consolidated financial statements

Consolidated income statement

in CHF thousand

Note

2021

2020

Net sales

1

496 693

445 189

Changes to semi-finished and finished inventories

5 900

1 227

Other operating income

2

25 186

5 623

Goods and services on own account

98

246

Total income

527 877

452 285

Material expense

306 013

214 413

Energy expense

61 187

47 481

Personnel expense

3

92 367

93 131

Outsourced maintenance/repairs

17 662

17 375

Other operating expense

4

24 930

24 734

Earnings before interest, taxes, depreciation and amortization (EBITDA)

25 718

55 151

Depreciation on tangible fixed assets

17

27 013

29 214

Depreciation on intangible assets

16

1 372

1 274

Impairment

5

150 000

0

Earnings before interest and taxes (EBIT)

– 152 667

24 663

Financial income

6

685

212

Financial expense

7

4 544

4 864

Financial result

– 3 859

– 4 652

Earnings before taxes and non-operating/extraordinary items

– 156 526

20 011

Non-operating result

8

7 311

6 841

Extraordinary result

9

0

12 000

Earnings before taxes

– 149 215

38 852

Income taxes

10

2 195

– 8 111

Net result for the year

– 151 410

46 963

– attributable to shareholders of CPH Chemie + Papier Holding AG

– 151 559

46 901

– attributable to minorities

149

62

in CHF

Note

2021

2020

Net result after minorities per share

33

– 25.26

7.82

Diluted net result per share

33

– 25.26

7.82