Consolidated statement of changes in equity

For the year ended 31 December 2018

In 1,000 CHF

Note

Share capital

Share premium

Translation reserve

Hedging reserve

Financial investments FVOCI 1)

Retained earnings

Total 2)

Non-controlling interests

Total equity

Balance at 31 December 2017

 

25,000

94,101

0

(51)

5,843

677,092

801,986

4,867

806,852

Impact of changes in accounting policies, net of tax 3)

 

0

0

0

0

0

(2,506)

(2,506)

0

(2,506)

Balance at 1 January 2018

 

25,000

94,101

0

(51)

5,843

674,586

799,480

4,867

804,346

 

 

 

 

 

 

 

 

 

 

 

Profit for the period

 

0

0

0

0

0

106,689

106,689

(295)

106,393

Unrealised gains / (losses) on financial investments, net of tax

 

0

0

0

0

3,383

0

3,383

0

3,383

Foreign currency translation differences

 

0

0

(41)

0

0

0

(41)

(1)

(42)

Effective portion of changes in fair value of cash flow hedges, net of tax

18/32

0

0

0

51

0

0

51

0

51

Remeasurement of employee benefit obligations, net of tax

30

0

0

0

0

0

5,059

5,059

51

5,111

Total other comprehensive income

 

0

0

(41)

51

3,383

5,059

8,452

50

8,502

Total comprehensive income for the period 2)

 

0

0

(41)

51

3,383

111,748

115,140

(245)

114,895

 

 

 

 

 

 

 

 

 

 

 

Transaction with non-controlling interests

 

0

0

0

0

0

(318)

(318)

994

676

Dividends to shareholders

32

0

0

0

0

0

(150,000)

(150,000)

0

(150,000)

Total transactions with owners

 

0

0

0

0

0

(150,318)

(150,318)

994

(149,324)

Balance at 31 December 2018

 

25,000

94,101

(41)

0

9,226

636,016

764,303

5,616

769,919

1) Financial investments available for sale are reclassified to financial investments at fair value through other comprehensive income (FVOCI).  

2) Total equity attributable to owner of the Company  

3) First-time adoption of IFRS 9 and the new impairment model for expected credit loss (ECL); for details please refer to note 1 “Significant accounting policies”.  

For the year ended 31 December 2017

In 1,000 CHF

Note

Share capital

Share premium

Translation reserve

Hedging reserve

Financial investments available for sale

Retained earnings

Total *

Non-controlling interests

Total equity

Balance at 1 January 2017

 

25,000

94,101

(8)

(306)

1,146

523,526

643,460

(724)

642,735

 

 

 

 

 

 

 

 

 

 

 

Profit for the period

 

0

0

0

0

0

191,684

191,684

(54)

191,631

Unrealised gains / (losses) on financial investments available for sale, net of tax

 

0

0

0

0

5,779

0

5,779

0

5,779

Realised (gains) / losses on financial investments available for sale, net of tax

 

0

0

0

0

(1,082)

0

(1,082)

0

(1,082)

Foreign currency translation differences

 

0

0

8

0

0

0

8

4

11

Effective portion of changes in fair value of cash flow hedges, net of tax

18/32

0

0

0

256

0

0

256

0

256

Remeasurement of employee benefit obligations, net of tax

30

0

0

0

0

0

1,881

1,881

(11)

1,870

Total other comprehensive income

 

0

0

8

256

4,697

1,881

6,841

(8)

6,834

Total comprehensive income for the period **

 

0

0

8

256

4,697

193,565

198,526

(61)

198,465

 

 

 

 

 

 

 

 

 

 

 

Transaction with non-controlling interests

 

0

0

0

0

0

0

0

5,653

5,653

Dividends to shareholders

32

0

0

0

0

0

(40,000)

(40,000)

0

(40,000)

Total transactions with owners

 

0

0

0

0

0

(40,000)

(40,000)

5,653

(34,347)

Balance at 31 December 2017

 

25,000

94,101

(0)

(51)

5,843

677,092

801,986

4,867

806,852

* Total equity attributable to owner of the Company  

** The share of discontinued operations in other comprehensive income is disclosed in note 36.