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Annual Report

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Consolidated Income Statement<br />

Group Financial Statements<br />

HUBER+SUHNER <strong>Annual</strong> <strong>Report</strong> 2010 · Part 2<br />

in CHF 1000 Notes 2010 % 2009 %<br />

Net sales 7 799 543 100.0 631 137 100.0<br />

Cost of goods sold (498 563) (406 178)<br />

Gross profit 300 980 37.6 224 959 35.6<br />

Marketing and selling expenses (100 920) (92 477)<br />

General and administrative expenses (75 448) (58 194)<br />

Research and development expenses (25 187) (26 589)<br />

Other operating expenses 8 (900) (289)<br />

Other operating income 8 3 321 5 832<br />

Operating profit (EBIT) 7 101 846 12.7 53 242 8.4<br />

Financial income 9 10 271 9 782<br />

Financial expense 10 (12 937) (6 374)<br />

Income before taxes 99 180 12.4 56 650 9.0<br />

Income tax expense 11 (20 170) (8 294)<br />

NET INCOME 79 010 9.9 48 356 7.7<br />

Data per share (in CHF) Notes 2010 2009<br />

Earnings per share 38 4.10 2.51<br />

Diluted earnings per share 38 4.10 2.51<br />

Dividend paid 0.80 1.00<br />

Proposed dividend for 2010 1.50<br />

Statement of Comprehensive Income<br />

in CHF 1000 2010 2009<br />

Net income 79 010 48 356<br />

Other comprehensive income<br />

Currency translation differences (9 722) 1 330<br />

Total other comprehensive income (9 722) 1 330<br />

Total comprehensive income 69 288 49 686<br />

The notes are an integral part of the consolidated financial statements.<br />

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