Annual Report 2022

Consolidated Statement of Changes in Equity

CHF million

 

Note

 

Share-/
PC-capital

 

Treasury stock

 

Share premium

 

Hedge accounting

 

Retained earnings

 

Currency translation

 

Equity attributable to share­holders

 

Non-controlling interest1

 

Total equity

Balance as at January 1, 2021

 

 

 

24.0

 

– 26.8

 

334.4

 

12.0

 

4,696.1

 

– 438.9

 

4,600.8

 

5.5

 

4,606.3

Net income

 

 

 

–

 

–

 

–

 

–

 

490.5

 

–

 

490.5

 

–

 

490.5

Other comprehensive income

 

 

 

–

 

–

 

–

 

– 1.1

 

660.9

 

14.4

 

674.2

 

– 0.4

 

673.8

Capital increase

 

17

 

0.2

 

–

 

119.0

 

–

 

–

 

–

 

119.2

 

–

 

119.2

Purchase of own shares and participation certificates

 

17

 

–

 

– 444.8

 

–

 

–

 

–

 

–

 

– 444.8

 

–

 

– 444.8

Sale of own shares

 

17

 

–

 

11.0

 

–

 

–

 

2.9

 

–

 

13.9

 

–

 

13.9

Share-based payment2

 

27

 

–

 

–

 

–

 

–

 

28.8

 

–

 

28.8

 

–

 

28.8

Transactions with minorities

 

 

 

–

 

–

 

–

 

–

 

5.1

 

–

 

5.1

 

– 5.1

 

–

Reclass into retained earnings

 

 

 

–

 

–

 

– 88.6

 

–

 

88.6

 

–

 

–

 

–

 

–

Distribution of profit

 

 

 

–

 

–

 

–

 

–

 

– 264.1

 

–

 

– 264.1

 

–

 

– 264.1

Balance as at December 31, 2021

 

 

 

24.2

 

– 460.6

 

364.8

 

10.9

 

5,708.8

 

– 424.5

 

5,223.6

 

–

 

5,223.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as at January 1, 2022

 

 

 

24.2

 

– 460.6

 

364.8

 

10.9

 

5,708.8

 

– 424.5

 

5,223.6

 

–

 

5,223.6

Net income

 

 

 

–

 

–

 

–

 

–

 

569.7

 

–

 

569.7

 

–

 

569.7

Other comprehensive income

 

 

 

–

 

–

 

–

 

11.9

 

– 616.4

 

– 33.5

 

– 638.0

 

–

 

– 638.0

Capital increase

 

17

 

0.1

 

–

 

82.6

 

–

 

–

 

–

 

82.7

 

–

 

82.7

Purchase of own shares and participation certificates

 

17

 

–

 

– 555.2

 

–

 

–

 

–

 

–

 

– 555.2

 

–

 

– 555.2

Sale of own shares

 

17

 

–

 

0.6

 

–

 

–

 

0.2

 

–

 

0.8

 

–

 

0.8

Capital decrease (destruction)

 

17

 

– 0.4

 

444.9

 

– 94.4

 

–

 

– 350.1

 

–

 

–

 

–

 

–

Share-based payment2

 

27

 

–

 

–

 

–

 

–

 

1.1

 

–

 

1.1

 

–

 

1.1

Distribution of profit

 

 

 

–

 

–

 

–

 

–

 

– 284.1

 

–

 

– 284.1

 

–

 

– 284.1

Balance as at December 31, 2022

 

 

 

23.9

 

– 570.3

 

353.0

 

22.8

 

5,029.2

 

– 458.0

 

4,400.6

 

–

 

4,400.6

The accompanying notes form an integral part of the consolidated statements.

1

See note 2 for the changes in non-controlling interests.

2

The recorded expenses for share based payments amount to CHF 16.0 million (CHF 14.8 million in prior year). Moreover, CHF 14.9 million deferred tax expenses (CHF 14.0 million deferred tax benefits in prior year) on employee stock options in the USA were recorded directly in equity.

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