Consolidated Income Statement

in 1 000 CHF	Note	2020		2019 restated 1
			in %		in %
Continuing operations
Net revenues	31	1 038 421	100.0	1 057 832	100.0
Other operating income		14 807	1.4	17 062	1.6
Capitalised own services		6 369	0.6	7 422	0.7
Changes in inventories of semi-finished and finished goods		3 333	0.3	2 248	0.2
Cost of material and goods		– 454 017	– 43.7	– 475 227	– 44.9
Personnel expenses		– 345 604	– 33.3	– 351 978	– 33.3
Other operating expenses		– 147 017	– 14.2	– 156 661	– 14.8
EBITDA	31	116 292	11.2	100 698	9.5
Depreciation, amortisation and impairments	36-40	– 47 505	– 4.6	– 45 133	– 4.3
Amortisation of intangible assets from acquisitions	36, 40	– 14 915	– 1.4	– 15 494	– 1.5
EBIT	31	53 872	5.2	40 071	3.8
Financial income	51	469	0.0	1 164	0.1
Financial expenses	51	– 13 401	– 1.3	– 7 136	– 0.7
Group result before income tax		40 940	3.9	34 099	3.2
Income tax expense	52	– 11 210	– 1.1	– 11 561	– 1.1
Group result from continuing operations		29 730	2.9	22 538	2.1
Group result from discontinued operations after taxes	36	15 184	1.5	3 669	0.3
Group result		44 914	4.3	26 207	2.5

Attributable to:
Shareholders of Arbonia AG		44 914		26 207

Earnings per share from continuing operations in CHF	48	0.43		0.33
Earnings per share from discontinued operations in CHF	48	0.22		0.05
Earnings per share in CHF	48	0.65		0.38
Basic and diluted earnings are identical.

1 see note 36

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