in 1,000 CHF unless otherwise specified
2009/10
2008/091)
Sales
1,500,306
1,249,197
change compared to previous year (%)
20.1
3.7
Gross profit
1,058,427
867,218
22.0
3.0
in % of sales
70.5
69.4
Research & development costs
87,034
77,377
5.8
6.2
Sales & marketing costs
402,626
340,312
26.8
27.2
Operating profit before acquisition-related amortization (EBITA)
420,106
331,778
26.6
(2.3)
28.0
Operating profit (EBIT)
406,753
325,014
25.1
(2.9)
27.1
26.0
Income after taxes
354,813
284,110
24.9
(6.9)
23.6
22.7
Number of employees (average)
5,933
5,108
16.1
17.4
Number of employees (end of period)
6,843
5,339
28.2
12.5
Net cash2)
-126,029
227,689
Net working capital3)
177,011
152,355
11.8
12.2
Capital expenditure
(tangible and intangible assets)4)
89,272
75,985
Capital employed5)
1,534,387
798,934
102.3
64.0
Total assets
2,409,257
1,426,560
Equity
1,408,358
1,026,623
Equity financing ratio (%)6)
58.5
72.0
Free cash flow7)
-301,388
79,003
Operating free cash flow8)
324,754
176,285
21.6
14.1
Return on capital employed (%)9)
34.9
46.2
Return on equity (%)10)
29.1
29.2
Basic earnings per share (CHF)
5.412
4.348
Diluted earnings per share (CHF)
5.356
4.330
Cash-based basic earnings per share (CHF)11)
5.602
4.433
Dividend per share (CHF)
1.2012)
1.00
1) All changes compared to previous year are based on the underlying performance 2007/08.2) Cash and cash equivalents + other current financial assets (excl. loans) – short-term debts – other current financial liabilities – non-current financial liabilities.3) Receivables (incl. loans) + inventories – trade payables – current income tax liabilities – other short-term liabilities – short-term provisions.4) Excluding goodwill and intangibles relating to acquisitions.5) Total assets – cash and cash equivalents – other current financial assets (excl. loans) – trade payables – other liabilities – provisions – tax liabilities.6) Equity in % of total assets.7) Cash flow from operating activities + cash flow from investing activities.8) Free cash flow – cash consideration for acquisitions, net of cash acquired.9) EBIT in % of capital employed (average).10) Income after taxes in % of equity (average).11) Excluding the amortization of acquisition-related intangibles and unwinding effect of the discount on acquisition-related earn-out payments, net of tax.12) Proposal to the Annual General Shareholders’ Meeting of June 15, 2010.
Key figures