Financial Statements

Meyer Burger Group

in TCHF

2018

2017

2016

2015

2014

Consolidated income statement

Incoming orders

326 770

560 728

455 598

418 853

326 017

Net sales

406 967

473 256

453 105

323 567

315 846

Operating income after costs of products and services

200 763

194 818

211 260

154 224

133 490

   in % of net sales

49.3%

41.2%

46.6%

47.7%

42.3%

Earnings before interest, taxes, depreciation and amortization (EBITDA)

26 097

12 364

10 530

–55 949

–95 588

   in % of net sales

6.4%

2.6%

2.3%

–17.3%

–30.3%

Earnings before interest and taxes (EBIT)

1 751

–19 308

–44 355

–128 650

–161 796

   in % of net sales

0.4%

–4.1%

–9.8%

–39.8%

–51.2%

Earnings before taxes (EBT)

–7 376

–78 488

–76 504

–156 809

–156 638

Group earnings

–59 437

–79 339

–97 144

–168 961

–134 708

Consolidated balance sheet (as of 31 December)

Total assets

349 153

469 983

629 889

572 304

755 899

Current assets

226 669

275 930

412 159

279 495

370 548

Long-term assets

122 485

194 052

217 729

292 809

385 351

Current liabilities

108 747

163 938

271 141

137 380

144 693

Non-current liabilities

167 442

63 088

124 323

259 920

258 775

Equity

181 711

242 957

234 424

175 003

352 431

   Equity ratio

52.0%

51.7%

37.2%

30.6%

46.6%

Cash Flow Statement

Cash flow from operating activities

–23 369

12 761

2 584

–51 860

–152 810

Cash flow from investing activities

–5 100

2 464

–9 015

–11 701

–18 867

   Investments in property, plant and equipment

–4 986

–7 053

–7 133

–14 288

–20 251

Cash flow from financing activities

–5 118

–139 026

151 507

–2 045

167 886

Employees 1

No. of employees (as of 31 December)

1 191

1 276

1 435

1 525

1 752

Net sales by employee in TCHF 2

329

352

294

195

170

Operating income after costs of products/services
by employee in TCHF 2

162

145

137

93

72

1 Employees refers to fulltime equivalent basis (FTE)

2 Based on average number of employees