Income statement of Tecan Group Ltd.
|
| 2019 | 2020 |
CHF 1,000 |
|
|
|
Royalties from subsidiaries |
| 1,852 | - |
Sale of Tecan brands1 |
| p.m. | - |
Dividend income from subsidiaries |
| 13,202 | 22,287 |
Interest income from third parties |
| - | 2 |
Interest income from subsidiaries |
| 780 | 448 |
Foreign exchange gains, net |
| 247 | - |
|
|
|
|
Operating income |
| 16,081 | 22,737 |
|
|
|
|
Personnel expenses |
| (1,190) | (1,322) |
Other operating expenses |
| (1,333) | (1,480) |
Depreciation of property, plant and equipment |
| (1) | (1) |
Impairment on subsidiary IBL International Corp. |
| - | (170) |
Interest expense to third parties |
| (292) | (523) |
Foreign exchange losses, net |
| - | (25) |
|
|
|
|
Operating expenses |
| (2,816) | (3,521) |
|
|
|
|
Operating profit |
| 13,265 | 19,216 |
|
|
|
|
Reversal of impairments on investments in subsidiaries due to Swiss tax reform |
| 2,439 | - |
Impairment on financial investments |
| (1,167) | - |
Gain on sale of financial investments |
| - | 1,588 |
|
|
|
|
Extraordinary, non-recurring or prior-period income and expenses |
| 1,272 | 1,588 |
|
|
|
|
Profit before taxes |
| 14,537 | 20,804 |
|
|
|
|
Income taxes |
| (157) | 46 |
|
|
|
|
Profit for the period |
| 14,380 | 20,850 |
1Tecan brands were sold to subsidiary Tecan Trading AG on December 31, 2019 for CHF 1.-.
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