Consolidated Financial Statements 2018 of the Kuehne + Nagel Group
Income Statement
CHF million | Note | 2018 | 2017 |
Variance per cent |
---|---|---|---|---|
Net turnover | 19 | 20,774 | 18,594 | 11.7 |
Net expenses for services from third parties | –13,065 | –11,571 | ||
Gross profit | 19 | 7,709 | 7,023 | 9.8 |
Personnel expenses | 20 | –4,736 | –4,243 | |
Selling, general and administrative expenses | 21 | –1,811 | –1,643 | |
Other operating income/expenses, net | 22 | 47 | 13 | |
EBITDA | 1,209 | 1,150 | 5.1 | |
Depreciation of property, plant and equipment | 26 | –192 | –172 | |
Amortisation of other intangibles | 27 | –30 | –41 | |
EBIT | 987 | 937 | 5.3 | |
Financial income | 23 | 10 | 16 | |
Financial expenses | 23 | –7 | –4 | |
Result from joint ventures and associates | 4 | 6 | ||
Earnings before tax (EBT) | 994 | 955 | 4.1 | |
Income tax | 24 | –222 | –215 | |
Earnings for the year | 772 | 740 | 4.3 | |
Attributable to: | ||||
Equity holders of the parent company | 770 | 737 | 4.5 | |
Non-controlling interests | 2 | 3 | ||
Earnings for the year | 772 | 740 | 4.3 | |
Basic earnings per share in CHF | 25 | 6.43 | 6.16 | 4.5 |
Diluted earnings per share in CHF | 25 | 6.42 | 6.15 | 4.5 |