Condensed consolidated statement of changes in equity

As at 30 June 2018 (unaudited)

In 1,000 CHF

Note

Share capital

Share premium

Trans- lation reserve

Hedging reserve

Financial assets FVOCI 1)

Retained earnings

Total 2)

Non-controlling interests

Total equity

Balance at 31 December 2017, as previously reported

 

25,000

94,101

0

(51)

5,843

677,092

801,986

4,867

806,852

Impact of changes in accounting policies 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

49,712

49,712

(321)

49,391

Unrealised gains / (losses) on financial assets – FVOCI, net of tax

 

0

0

0

0

3,575

0

3,575

0

3,575

Foreign currency translation differences

 

0

0

0

0

0

0

0

0

0

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

 

0

0

0

20

0

0

20

0

20

Remeasurement of employee benefit obligations, net of tax

 

0

0

0

0

0

7,165

7,165

45

7,210

Total other comprehensive income

 

0

0

0

20

3,575

7,165

10,760

45

10,805

Total comprehensive income for the period

 

0

0

0

20

3,575

56,877

60,472

(276)

60,196

 

 

 

 

 

 

 

 

0

 

 

Transaction with non-controlling interests

 

0

0

0

0

0

0

0

0

0

Dividends to shareholders

13

0

0

0

0

0

(150,000)

(150,000)

0

(150,000)

Total transactions with owners

 

0

0

0

0

0

(150,000)

(150,000)

0

(150,000)

Balance at 30 June 2018

 

25,000

94,101

0

(31)

9,418

581,463

709,952

4,591

714,544

1) Financial investments available for sale are reclassified to financial assets 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”.  

As at 31 December 2017 (audited)

In 1,000 CHF

Note

Share capital

Share premium

Translation reserve

Hedging reserve

Financial investments available for sale

Retained earnings

Total 1)

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

 

0

0

0

256

0

0

256

0

256

Remeasurement of employee benefit obligations, net of tax

 

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

13

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

1) Total equity attributable to owner of the Company  

As at 30 June 2017 (unaudited)

In 1,000 CHF

Note

Share capital

Share premium

Trans- lation reserve

Hedging reserve

Financial investments available for sale

Retained earnings

Total 1)

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

42,426

42,426

(80)

42,346

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

 

0

0

0

0

1,866

0

1,866

0

1,866

Foreign currency translation differences

 

0

0

2

0

0

0

2

1

3

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

 

0

0

0

158

0

0

158

0

158

Remeasurement of employee benefit obligations, net of tax

 

0

0

0

0

0

624

624

3

627

Total other comprehensive income

 

0

0

2

158

1,866

624

2,651

4

2,655

Total comprehensive income for the period 2)

 

0

0

2

158

1,866

43,051

45,077

(76)

45,001

 

 

 

 

 

 

 

 

 

 

 

Transaction with non-controlling interests

 

0

0

0

0

0

0

0

0

0

Dividends to shareholders

13

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)

0

(40,000)

Balance at 30 June 2017

 

25,000

94,101

(6)

(149)

3,013

526,577

648,536

(800)

647,736

1) Total equity attributable to owner of the Company  

2) The share of discontinued operations in other comprehensive income is disclosed in note 17.