Annual Report 2008 (PDF) - Schulthess Group

44 Schulthess Group
1) Mainly costs of the parent company
2) Inter-segment transactions are
valued at market conditions
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Financial statements Notes Segment Information
5. Segment Information
5.1. Primary reporting format: business segments
5.1.1 Income Statement
in CHF 1 000
Heating/Cooling
technology
Washing
technology
Corporate 1)
Elimination 2)
Total
2008 2007 2008 2007 2008 2007 2008 2007
Total segment net sales 284 879 229 881 118 428 120 848 0 0 403 307 350 729
Inter-segment sales 38 529 5 984 3 566 –6 022 –4 095 0 0
Total Net Sales 284 917 230 410 124 412 124 414 –6 022 –4 095 403 307 350 729
Depreciation on property, plant and
equipment
4 917 4 194 6 483 5 936 0 0 11 400 10 130
Non-cash expenses (income) 359 658 –248 –618 –68 –242 43 –202
Operating profit EBIT 38 767 31 503 19 398 17 336 –1 363 –1 236 56 802 47 603
Financial result –2 559 –950
Profit before income tax 54 243 46 653
Income tax expense –14 064 –13 833
Profit for the year 40 179 32 820
5.1.2 Balance sheet
Heating/Cooling
technology
Washing
technology
Corporate Total
in CHF 1 000
31.12.08 31.12.07 31.12.08 31.12.07 31.12.08 31.12.07 31.12.08 31.12.07
Assets 152 970 140 183 107 388 106 481 68 287 260 426 246 951
Liabilities –39 023 –31 223 –36 141 –35 098 –26 915 –30 134 –102 079 –96 455
Net assets 113 947 108 960 71 247 71 383 –26 847 –29 847 158 347 150 496
5.1.3 Capital expenditure (CAPEX)
Heating/Cooling
technology
Washing
technology
Corporate Total
in CHF 1 000
2008 2007 2008 2007 2008 2007 2008 2007
Total 15 709 16 360 6 074 10 861 0 0 21 783 27 221
5.1.4 Expense for Research & Development
Heating/Cooling
technology
Washing
technology
Corporate Total
in CHF 1 000
2008 2007 2008 2007 2008 2007 2008 2007
Total 1 860 2 471 3 409 2 961 0 0 5 269 5 432