Consolidated Financial Statements 2018 of the Kuehne + Nagel Group

Income Statement

CHF million Note 2018 2017 Variance
per cent
Net turnover 19 20,77418,59411.7
Net expenses for services from third parties   –13,065 –11,571  
Gross profit 19 7,7097,0239.8
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   1,2091,1505.1
Depreciation of property, plant and equipment 26 –192 –172  
Amortisation of other intangibles 27 –30 –41  
EBIT   9879375.3
Financial income 23 10 16  
Financial expenses 23 –7 –4  
Result from joint ventures and associates   4 6  
Earnings before tax (EBT)   9949554.1
Income tax 24 –222 –215  
Earnings for the year   7727404.3
         
Attributable to:        
Equity holders of the parent company   770 737 4.5
Non-controlling interests   2 3  
Earnings for the year   7727404.3
         
Basic earnings per share in CHF 25 6.436.164.5
Diluted earnings per share in CHF 25 6.426.154.5