Financial statements 2008

Consolidated income statements

Consolidated income statements (for the years ended December 31, 2008 and 2007)

Consolidated income 
statements 
(for the years ended December 31, 2008 and 2007)
In CHF'000 Notes 2008 2007
Revenues 6 1 027 506 925 813
Other operating income 7 9 444 14 635
Gain on sale of subsidiary 37 - 2 087
    1 036 950 942 535
       
Loss on sale of subsidiary 37 - -2 179
Cost of material   -340 477 -261 810
Employee benefits expense   -359 070 -336 107
Other operating expenses 8 -245 229 -205 273
       
Operating income before depreciation, amortization and impairment   92 174 137 166
       
Depreciation, amortization and impairment 9 -73 674 -49 511
       
Operating income   18 500 87 655
       
Interest expense 10 -16 104 -12 422
Other finance income/(expense), net 11 -18 901 4 688
Share of results of associates 17 10 413 2 465
       
Income/(loss) before tax   -6 092 82 386
       
Income tax expense 12 -903 -14 938
       
Net income/(loss) for the year   -6 995 67 448
       
Attributable to:      
- Equity holders of the company   -14 645 66 096
- Minority interest   7 650 1 352
       
    -6 995 67 448
       
In CHF Notes 2008 2007
Earnings/(loss) per bearer share      
- basic 14 -0.2797 1.2689
- diluted 14 -0.2797 1.2672
       
Earnings/(loss) per registered share (not listed)      
- basic 14 -0.028 0.1269
- diluted 14 -0.028 0.1267

The accompanying notes form an integral part of these consolidated financial statements.