Consolidated income statement
| | | | | | | |
CHF million | Notes | 2023 | | | 2022 | | |
Revenue | (4) | 2 302.3 | 100.0% | | 1 804.5 | 100.0% | |
Material expenses1 | | –1 036.3 | 45.0% | | –859.2 | 47.6% | |
Employee expenses | (5) | –696.7 | 30.3% | | –521.2 | 28.9% | |
Other expenses | (6) | –418.6 | 18.2% | | –320.5 | 17.8% | |
Other income2 | (7) | 138.5 | 6.0% | | 48.4 | 2.7% | |
EBITDA | | 289.2 | 12.6% | | 152.1 | 8.4% | |
Depreciation, amortization and impairment3 | (8) | –182.4 | 7.9% | | –116.7 | 6.5% | |
EBIT | | 106.9 | 4.6% | | 35.4 | 2.0% | |
Financial income | (9) | 4.4 | | | 3.8 | | |
Financial expenses | (10) | –43.8 | | | –25.9 | | |
Share of profit of associated companies | (15) | 1.6 | | | 2.4 | | |
Earnings before taxes | | 69.0 | 3.0% | | 15.7 | 0.9% | |
Income taxes | (11) | –7.9 | | | –4.7 | | |
Net result | | 61.1 | 2.7% | | 10.9 | 0.6% | |
attributable to shareholders of Autoneum Holding Ltd | | 48.3 | | | –2.3 | | |
attributable to non-controlling interests | | 12.8 | | | 13.2 | | |
| | | | | | | |
Basic earnings per share in CHF4 | (12) | 9.42 | | | –0.47 | | |
Diluted earnings per share in CHF4 | (12) | 9.42 | | | –0.47 | | |
- 1 Material expenses include CHF –10.6 million (2022: CHF –0.5 million) changes in inventories of finished goods and work in progress.
- 2 Other income includes a bargain purchase gain of CHF 102.7 million in 2023 (refer to note 3).
- 3 Depreciation, amortization and impairment include impairment charges on tangible assets in the amount of CHF 56.3 million in 2023.
- 4 Basic and diluted earnings per share in 2022 were retrospectively adjusted from CHF –0.49 to CHF –0.47 to reflect the bonus element included in the rights issue in 2023.
