Annual Report 2012 - Investor Relations

48Consolidated financial statementsCham Paper Group – Consolidated financial statementsConsolidated income statement1 January – 31 DecemberNotes2012TCHF2011TCHFChange%Net revenue 3 279,737 309,276 –9.6Cost of goods and services sold –253,703 –284,904 –11.0Gross profit 26,034 24,372 6.8Administrative and general expense –14,507 –18,522 –21.7Marketing, sales, research and development expense –13,293 –15,647 –15.0Other operating expense 6 –514 –1,035 –50.3Other operating income 6 3,003 2,757 8.9Operating profit / loss (–) (EBIT) before restructuring 723 –8,075 n/aRestructuring expenses 7 2,484 –80,448 n/aOperating profit / loss (–) (EBIT) after restructuring 3,207 –88,524 n/aFinancial result 8 –2,149 –2,342 –8.2Foreign currency effects –648 204 n/aNet income / loss (–) before taxes 410 –90,662 n/aIncome taxes 9 –1,644 –1,424 15.4Net loss for the year for the Group –1,234 –92,086 –98.7Earnings / (loss) per share, undilutedNotes(Loss) per share, undiluted 10 –1.76 –131.83Total 10 –1.76 –131.832012CHF2011CHFThe Notes form an integral part of the consolidated financial statements.