Income statement of Tecan Group Ltd.

	2018	2019
CHF 1,000
Royalties from subsidiaries	2,123	1,852
Sale of Tecan brands1	–	p.m.
Dividend income from subsidiaries	18,396	13,202
Interest income from subsidiaries	714	780
Foreign exchange gains, net	–	247

Operating income	21,233	16,081

Personnel expenses	(908)	(1,190)
Other operating expenses	(1,205)	(1,333)
Depreciation of property, plant and equipment	(1)	(1)
Interest expense to third parties	(124)	(292)
Foreign exchange losses, net	(38)	–

Operating expenses	(2,276)	(2,816)

Operating profit	18,957	13,265

Reversal of impairments on investments in subsidiaries	–	2,439
Impairment on financial investments	–	(1,167)

Extraordinary, non-recurring or prior-period income and expenses	–	1,272

Profit before taxes	18,957	14,537

Income taxes	(120)	(157)

Profit for the period	18,837	14,380

Tecan brands were sold to subsidiary Tecan Trading AG on December 31, 2019 for CHF 1.-.