Financial Statements

Meyer Burger Group

in TCHF

2019

2018

2017

2016

2015

Consolidated income statement

Incoming orders

188 255

326 770

560 728

455 598

418 853

Net sales

262 013

406 967

473 256

453 105

323 567

Operating income after costs of products and services

129 893

201 841

184 382

204 609

154 224

   in % of net sales

49.6%

49.6%

39.0%

45.2%

47.7%

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

–13 471

26 784

–26 216

3 369

–55 949

   in % of net sales

–5.1%

6.6%

–5.5%

–0.7%

–17.3%

Earnings before interest and taxes (EBIT)

–28 635

2 438

–68 078

–56 221

–128 650

   in % of net sales

–10.9%

0.6%

–14.4%

–12.4%

–39.8%

Earnings before taxes (EBT)

–35 507

7 377

–78 468

–76 504

–156 809

Group earnings

–39 650

–59 437

–79 339

–97 144

–168 961

Consolidated balance sheet (as of 31 December)

Total assets

274 610

349 153

469 983

629 889

572 304

Current assets

182 666

226 669

275 930

412 159

279 495

Non-current assets

91 944

122 485

194 052

217 729

292 809

Current liabilities

93 638

108 747

163 938

271 141

137 380

Non-current liabilities

4 812

58 695

63 088

124 323

259 920

Equity

176 160

181 711

242 957

234 424

175 003

   Equity ratio

64.1%

52.0%

51.7%

37.2%

30.6%

Cash Flow Statement

Cash flow from operating activities

–83 493

–23 369

12 761

2 584

–51 860

Cash flow from investing activities

59 576

–5 100

2 464

–9 015

–11 701

   Investments in property, plant and equipment

–6 894

–4 986

–7 053

–7 133

–14 288

Cash flow from financing activities

–29 523

–5 118

–139 026

151 507

–2 045

Employees 1

No. of employees (as of 31 December)

805

1 191

1 276

1 435

1 525

Net sales by employee in TCHF 2

263

329

352

294

195

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

130

162

145

137

93

1 Employees refers to fulltime equivalent basis (FTE)

2 Based on average number of employees