Adjusted consolidated statement of income
Galenica's consolidated statement of income adjusted by IAS 19 effects related to employee benefits (defined benefit plans and long-service awards) and IFRS 16 lease effects allowing financial results to be assessed on a comparable basis.
Adjusted consolidated statement of income 2024
|
in thousand CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Net sales |
3,921,081 |
– |
– |
3,921,081 |
|
Products & Care 1) |
1,700,226 |
– |
– |
1,700,226 |
|
Logistics & IT 1) |
3,241,444 |
– |
– |
3,241,444 |
|
|
|
|
|
|
|
Other income |
16,223 |
– |
– |
16,223 |
|
Operating income |
3,937,304 |
– |
– |
3,937,304 |
|
|
|
|
|
|
|
Cost of goods |
–2,843,240 |
– |
– |
–2,843,240 |
|
Personnel costs |
–582,726 |
–488 |
– |
–583,214 |
|
Other operating costs |
–193,402 |
– |
–55,499 |
–248,901 |
|
Share of profit from associates and joint ventures |
6,209 |
–22 |
–202 |
5,985 |
|
Earnings before interest, taxes, depreciation and amortisation (EBITDA) |
324,144 |
–510 |
–55,701 |
267,933 |
|
Products & Care 1) |
230,996 |
– |
–53,275 |
177,720 |
|
Logistics & IT 1) |
93,651 |
– |
–2,404 |
91,247 |
|
|
|
|
|
|
|
Depreciation, amortisation and impairment |
–109,778 |
– |
52,883 |
–56,895 |
|
Earnings before interest and taxes (EBIT) |
214,367 |
–510 |
–2,819 |
211,038 |
|
Return on sales (ROS) 2) |
5.5% |
0.0% |
–0.1% |
5.4% |
|
Products & Care 1) |
160,013 |
– |
–2,757 |
157,257 |
|
Return on sales (ROS) 2) |
9.4% |
0.0% |
–0.2% |
9.2% |
|
Logistics & IT 1) |
56,813 |
– |
–60 |
56,753 |
|
Return on sales (ROS) 2) |
1.8% |
0.0% |
0.0% |
1.8% |
|
|
|
|
|
|
|
Net financial result |
230 |
–398 |
3,116 |
2,948 |
|
Earnings before taxes (EBT) |
214,597 |
–907 |
297 |
213,987 |
|
|
|
|
|
|
|
Income taxes |
–30,898 |
159 |
–85 |
–30,823 |
|
|
|
|
|
|
|
Profit from continuing operations |
183,699 |
–748 |
213 |
183,164 |
|
|
|
|
|
|
|
Profit from discontinued operations |
–80 |
– |
– |
–80 |
|
|
|
|
|
|
|
Net Profit |
183,619 |
–748 |
213 |
183,084 |
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
– Shareholders of Galenica Ltd. |
182,951 |
–748 |
209 |
182,412 |
|
– Non-controlling interests |
668 |
– |
4 |
672 |
1) Reported for each operating segment not taking into account Group Services and Eliminations
2) Calculated as EBIT divided by net sales
|
in CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Earnings per share from continuing operations |
3.67 |
–0.01 |
– |
3.66 |
|
Diluted earnings per share from continuing operations |
3.67 |
–0.01 |
– |
3.66 |
Adjusted consolidated statement of income 2023
|
in thousand CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Net sales |
3,746,011 |
– |
– |
3,746,011 |
|
Products & Care 1) |
1,635,633 |
– |
– |
1,635,633 |
|
Logistics & IT 1) |
3,076,988 |
– |
– |
3,076,988 |
|
|
|
|
|
|
|
Other income |
17,040 |
– |
– |
17,040 |
|
Operating income |
3,763,051 |
– |
– |
3,763,051 |
|
|
|
|
|
|
|
Cost of goods |
–2,714,443 |
– |
– |
–2,714,443 |
|
Personnel costs |
–550,984 |
–5,441 |
– |
–556,425 |
|
Other operating costs |
–202,328 |
– |
–54,155 |
–256,483 |
|
Share of profit from associates and joint ventures |
6,838 |
–339 |
9 |
6,508 |
|
Earnings before interest, taxes, depreciation and amortisation (EBITDA) |
302,135 |
–5,780 |
–54,145 |
242,210 |
|
Products & Care 1) |
222,200 |
– |
–50,489 |
171,711 |
|
Logistics & IT 1) |
74,313 |
– |
–2,433 |
71,880 |
|
|
|
|
|
|
|
Depreciation, amortisation and impairment |
–103,000 |
– |
52,108 |
–50,892 |
|
Earnings before interest and taxes (EBIT) |
199,135 |
–5,780 |
–2,037 |
191,318 |
|
Return on sales (ROS) 2) |
5.3% |
–0.2% |
–0.1% |
5.1% |
|
Products & Care 1) |
153,772 |
– |
–1,424 |
152,348 |
|
Return on sales (ROS) 2) |
9.4% |
0.0% |
–0.1% |
9.3% |
|
Logistics & IT 1) |
42,563 |
– |
–287 |
42,276 |
|
Return on sales (ROS) 2) |
1.4% |
0.0% |
0.0% |
1.4% |
|
|
|
|
|
|
|
Net financial result |
–4,186 |
–129 |
2,951 |
–1,364 |
|
Earnings before taxes (EBT) |
194,949 |
–5,909 |
914 |
189,954 |
|
|
|
|
|
|
|
Income taxes |
–29,245 |
1,009 |
–136 |
–28,373 |
|
|
|
|
|
|
|
Profit from continuing operations |
165,704 |
–4,900 |
778 |
161,581 |
|
|
|
|
|
|
|
Profit from discontinued operations |
120,448 |
–64 |
–2 |
120,382 |
|
|
|
|
|
|
|
Net Profit |
286,152 |
–4,964 |
775 |
281,963 |
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
– Shareholders of Galenica Ltd. |
285,367 |
–4,964 |
776 |
281,179 |
|
– Non-controlling interests |
785 |
– |
–1 |
784 |
1) Reported for each operating segment not taking into account Group Services and Eliminations
2) Calculated as EBIT divided by net sales
|
in CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Earnings per share from continuing operations |
3.31 |
–0.10 |
0.02 |
3.23 |
|
Diluted earnings per share from continuing operations |
3.31 |
–0.10 |
0.02 |
3.22 |